38, WALLS ROAD, BEMBRIDGE, PO35 5RH - £220,000

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.

38 WALLS ROAD is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £353,375. It was last sold for £220,000 in February 2007, which was around 12% below the average February 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

38 WALLS ROAD Sold Prices

Land registry data shows two sales for 38 WALLS ROAD 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. Both of the two 38 WALLS ROAD sales were 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
2007 13 FEB	£220,000	£250,704	12% below HPI
1998 27 MAR	£80,000	£80,609	1% below HPI

38 WALLS ROAD 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 38 WALLS ROAD sales from March 1998 and February 2007 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 March 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2007 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 38 WALLS ROAD be worth now?

38 WALLS ROAD might now be worth an estimated £353,375.

This is based on house price inflation of 60.6%, between February 2007 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 60.6% inflationary increase is applied to the most recent sale price for 38 WALLS ROAD of £220,000 on 13th February 2007. For the value to have increased from £220,000 to £353,375 over the seventeen years and eleven months to March 2025, the following assumptions must hold true:

• The value of 38 WALLS ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2007 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 38 WALLS ROAD has not materially changed since February 2007.

How Large is 38 WALLS ROAD?

38 WALLS ROAD is 79m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% 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 38 WALLS ROAD lies on this distribution: 16% of detached houses houses are smaller than 38 WALLS ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

38 WALLS ROAD: Plot and Title Map

38 WALLS ROAD sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 38 WALLS ROAD, 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 38 WALLS ROAD). 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 38 WALLS ROAD?

38 WALLS ROAD is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 38 on WALLS ROAD.