MEADOWLEA, NORTHCLOSE ROAD, BEMBRIDGE, PO35 5XP - £900,000

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.

MEADOWLEA is a very large extended detached house of 209m², built sometime between 1900 and 1929, which could now be worth an estimated £1,262,483. It was last sold for £900,000 in November 2015, which was around 221% above the average November 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

MEADOWLEA Sold Prices

Land registry data shows four sales for MEADOWLEA 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 MEADOWLEA 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 9 NOV	£900,000	£280,180	221% above HPI
2008 2 MAY	£683,000	£256,933	166% above HPI
2004 27 APR	£420,000	£208,101	102% above HPI
1997 24 OCT	£180,000	£81,078	122% above HPI

MEADOWLEA 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 MEADOWLEA sales between October 1997 and November 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 2008 sale was for 166% above the HPI. So the extrapolation line tracks at 166% above the HPI over time, until the November 2015 sale, where it rises to 221% above the HPI. The line then continues to track at 221% above the HPI.

What might MEADOWLEA be worth now?

MEADOWLEA might now be worth an estimated £1,262,483.

This is based on house price inflation of 40.3%, between November 2015 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 40.3% inflationary increase is applied to the most recent sale price for MEADOWLEA of £900,000 on 9th November 2015. For the value to have increased from £900,000 to £1,262,483 over the ten years and three months to August 2025, the following assumptions must hold true:

• The value of MEADOWLEA has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2015 sale price of £900,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOWLEA has not materially changed since November 2015.

How Large is MEADOWLEA?

MEADOWLEA is 209m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 20% 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 MEADOWLEA lies on this distribution: 87% of detached houses houses are smaller than MEADOWLEA, and 13% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

MEADOWLEA: Plot and Title Map

MEADOWLEA sits on a plot of roughly 0.283 of an acre, or 1,145m². The below map shows the location of MEADOWLEA, 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 MEADOWLEA). 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 MEADOWLEA?

MEADOWLEA is located on NORTHCLOSE ROAD in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of MEADOWLEA on NORTHCLOSE ROAD.