GALATEA, LANE END CLOSE, BEMBRIDGE, PO35 5UF - £395,000

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.

GALATEA is a small detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £494,082. It was last sold for £395,000 in December 2018, which was around 26% above the average December 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

GALATEA Sold Prices

Land registry data shows three sales for GALATEA 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 GALATEA 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
2018 10 DEC	£395,000	£314,209	26% above HPI
2014 3 DEC	£345,000	£264,284	31% above HPI
2004 1 SEP	£249,950	£224,602	11% above HPI

GALATEA 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 GALATEA sales between September 2004 and December 2018 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 December 2014 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might GALATEA be worth now?

GALATEA might now be worth an estimated £494,082.

This is based on house price inflation of 25.1%, between December 2018 and August 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 25.1% inflationary increase is applied to the most recent sale price for GALATEA of £395,000 on 10th December 2018. For the value to have increased from £395,000 to £494,082 over the seven years and four months to August 2025, the following assumptions must hold true:

• The value of GALATEA has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of GALATEA has not materially changed since December 2018.

How Large is GALATEA?

GALATEA is 97m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 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 GALATEA lies on this distribution: 36% of detached houses houses are smaller than GALATEA, and 64% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

GALATEA: Plot and Title Map

GALATEA sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of GALATEA, 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 GALATEA). 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 GALATEA?

GALATEA is located on LANE END CLOSE in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of GALATEA on LANE END CLOSE.