PIER HOUSE, SWAINS LANE, BEMBRIDGE, PO35 5ST - £2,929,867

PIER HOUSE is a very large extended detached house of 690m², built sometime between 1900 and 1929. It was last sold for £2,929,867 in October 2020, which was around 732% above the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

PIER HOUSE Sold Prices

Land registry data shows two sales for PIER HOUSE 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 PIER HOUSE 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
2020 28 OCT	£2,929,867	£352,278	732% above HPI
2011 8 SEP	£1,685,000	£246,994	582% above HPI

PIER HOUSE 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 PIER HOUSE sales from September 2011 and October 2020 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 2011 sale was for 582% above the HPI. So the extrapolation line tracks at 582% above the HPI over time, until the October 2020 sale, where it rises to 732% above the HPI. The line then continues to track at 732% above the HPI.

How Large is PIER HOUSE?

PIER HOUSE is 690m², which includes three extensions, according to the EPC inspection conducted in March 2015. 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 PIER HOUSE lies on this distribution: More than 99% of detached houses are smaller than PIER HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

PIER HOUSE: Plot and Title Map

PIER HOUSE sits on a plot of roughly 1.9 acres, or 7,702m². The below map shows the location of PIER HOUSE, 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 PIER HOUSE). 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 PIER HOUSE?

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