3, POPLAR CLOSE, BEMBRIDGE, PO35 5TE - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 POPLAR CLOSE is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £445,255. It was last sold for £400,000 in June 2021, which was around 11% above the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

3 POPLAR CLOSE Sold Prices

Land registry data shows two sales for 3 POPLAR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two 3 POPLAR CLOSE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 29 JUN	£400,000	£361,764	11% above HPI
2007 16 MAY	£245,000	£254,145	4% below HPI

3 POPLAR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 3 POPLAR CLOSE sales from May 2007 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 POPLAR CLOSE be worth now?

3 POPLAR CLOSE might now be worth an estimated £445,255.

This is based on house price inflation of 11.3%, between June 2021 and March 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 3 POPLAR CLOSE of £400,000 on 29th June 2021. For the value to have increased from £400,000 to £445,255 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 3 POPLAR CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 POPLAR CLOSE has not materially changed since June 2021.

How Large is 3 POPLAR CLOSE?

3 POPLAR CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bembridge, and where 3 POPLAR CLOSE lies on this distribution: 50% of detached houses houses are smaller than 3 POPLAR CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

3 POPLAR CLOSE: Plot and Title Map

3 POPLAR CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 3 POPLAR CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 POPLAR CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 POPLAR CLOSE?

3 POPLAR CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 3 on POPLAR CLOSE.