7, MEADOW CLOSE, BEMBRIDGE, PO35 5YJ - £417,500

7 MEADOW CLOSE is a large extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £417,500 in September 2015, which was around 47% above the average September 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

7 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 7 MEADOW 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. Both of the two 7 MEADOW 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	£417,500	£284,054	47% above HPI
2003 29 MAY	£235,000	£193,340	22% above HPI

7 MEADOW 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 7 MEADOW CLOSE sales from May 2003 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 May 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2015 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 7 MEADOW CLOSE?

7 MEADOW CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where 7 MEADOW CLOSE lies on this distribution: 63% of detached houses are smaller than 7 MEADOW CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

7 MEADOW CLOSE: Plot and Title Map

7 MEADOW CLOSE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 7 MEADOW 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 7 MEADOW 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 7 MEADOW CLOSE?

7 MEADOW CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 7 on MEADOW CLOSE.