5, FAIRHAVEN CLOSE, BEMBRIDGE, PO35 5SX - £461,500

5 FAIRHAVEN CLOSE is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £461,500 in February 2022, which was around 13% above the average February 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

5 FAIRHAVEN CLOSE Sold Prices

Land registry data shows three sales for 5 FAIRHAVEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 5 FAIRHAVEN CLOSE sales were for above the average price, whilst one 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
2022 28 FEB	£461,500	£406,905	13% above HPI
2001 16 NOV	£149,950	£146,015	3% above HPI
1999 3 JUN	£89,000	£96,072	7% below HPI

5 FAIRHAVEN 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 three 5 FAIRHAVEN CLOSE sales between June 1999 and February 2022 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 November 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 5 FAIRHAVEN CLOSE?

5 FAIRHAVEN CLOSE is 90m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where 5 FAIRHAVEN CLOSE lies on this distribution: 30% of detached houses are smaller than 5 FAIRHAVEN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

5 FAIRHAVEN CLOSE: Plot and Title Map

5 FAIRHAVEN CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 5 FAIRHAVEN 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 5 FAIRHAVEN 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 5 FAIRHAVEN CLOSE?

5 FAIRHAVEN CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 5 on FAIRHAVEN CLOSE.