3, ROLFS CLOSE, BEMBRIDGE, PO35 5RL - £235,000

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 ROLFS CLOSE is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £343,021. It was last sold for £235,000 in September 2015, which was around 23% above the average September 2015 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

3 ROLFS CLOSE Sold Prices

Land registry data shows three sales for 3 ROLFS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 3 ROLFS CLOSE sales were for above 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
2015 7 SEP	£235,000	£190,626	23% above HPI
2007 22 JUN	£237,000	£180,661	31% above HPI
2004 8 OCT	£180,000	£160,214	12% above HPI

3 ROLFS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 3 ROLFS CLOSE sales between October 2004 and September 2015 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 June 2007 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 3 ROLFS CLOSE be worth now?

3 ROLFS CLOSE might now be worth an estimated £343,021.

This is based on house price inflation of 46%, between September 2015 and August 2025, for semi-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 46% inflationary increase is applied to the most recent sale price for 3 ROLFS CLOSE of £235,000 on 7th September 2015. For the value to have increased from £235,000 to £343,021 over the ten years and one month to August 2025, the following assumptions must hold true:

• The value of 3 ROLFS CLOSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The September 2015 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ROLFS CLOSE has not materially changed since September 2015.

How Large is 3 ROLFS CLOSE?

3 ROLFS CLOSE is 70m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of semi-detached houses houses in Bembridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bembridge, and where 3 ROLFS CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 3 ROLFS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

3 ROLFS CLOSE: Plot and Title Map

3 ROLFS CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 ROLFS 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 ROLFS 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 ROLFS CLOSE?

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