BLUE CEDAR, SWAINS LANE, BEMBRIDGE, PO35 5ST - £875,000

BLUE CEDAR is a very large detached house of 273m², built in 2020. It was last sold for £875,000 in May 2019, which was around 171% above the average May 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.

BLUE CEDAR Sold Prices

Land registry data shows three sales for BLUE CEDAR 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. All of the three BLUE CEDAR 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
2019 24 MAY	£875,000	£322,742	171% above HPI
2017 29 SEP	£451,250	£305,199	48% above HPI
2000 28 JAN	£170,000	£109,443	55% above HPI

BLUE CEDAR 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 BLUE CEDAR sales between January 2000 and May 2019 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 September 2017 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the May 2019 sale, where it rises to 171% above the HPI. The line then continues to track at 171% above the HPI.

How Large is BLUE CEDAR?

BLUE CEDAR is 273m² according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where BLUE CEDAR lies on this distribution: 95% of detached houses are smaller than BLUE CEDAR, and 5% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

BLUE CEDAR: Plot and Title Map

BLUE CEDAR sits on a plot of roughly 0.238 of an acre, or 963m². The below map shows the location of BLUE CEDAR, 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 BLUE CEDAR). 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 BLUE CEDAR?

BLUE CEDAR is located on SWAINS LANE in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of BLUE CEDAR on SWAINS LANE.