50A, STEYNE ROAD, BEMBRIDGE, PO35 5SL - £495,000

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.

50A STEYNE ROAD is a large detached house of 131m², built sometime between 1976 and 1982, which could now be worth an estimated £481,220. It was last sold for £495,000 in June 2022, which was around 20% above the average June 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

50A STEYNE ROAD Sold Prices

Land registry data shows four sales for 50A STEYNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 50A STEYNE ROAD 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
2022 28 JUN	£495,000	£414,224	20% above HPI
2001 25 OCT	£167,000	£139,672	20% above HPI
2001 15 JUN	£160,000	£131,972	21% above HPI
1999 24 NOV	£175,000	£105,718	66% above HPI

50A STEYNE 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 four 50A STEYNE ROAD sales between November 1999 and June 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 October 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2022 sale, which was also at 20% above the HPI.

What might 50A STEYNE ROAD be worth now?

50A STEYNE ROAD might now be worth an estimated £481,220.

This is based on house price deflation of 2.8%, between June 2022 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 2.8% deflationary decrease is applied to the most recent sale price for 50A STEYNE ROAD of £495,000 on 28th June 2022. For the value to have decreased from £495,000 to £481,220 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 50A STEYNE ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2022 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 50A STEYNE ROAD has not materially changed since June 2022.

How Large is 50A STEYNE ROAD?

50A STEYNE ROAD is 131m² according to the EPC inspection conducted in September 2021. This puts it in the largest 40% 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 50A STEYNE ROAD lies on this distribution: 61% of detached houses houses are smaller than 50A STEYNE ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

50A STEYNE ROAD: Plot and Title Map

50A STEYNE ROAD sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 50A STEYNE 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 50A STEYNE 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 50A STEYNE ROAD?

50A STEYNE ROAD is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 50A on STEYNE ROAD.