REALM HOUSE, HEATHFIELD ROAD, BEMBRIDGE, PO35 5UQ - £665,000

REALM HOUSE is a large extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £665,000 in November 2022, which was around 51% above the average November 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

REALM HOUSE Sold Prices

Land registry data shows four sales for REALM HOUSE 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 REALM 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
2022 10 NOV	£665,000	£441,588	51% above HPI
2015 28 OCT	£448,000	£286,326	56% above HPI
2004 23 JUL	£340,000	£224,612	51% above HPI
2002 20 NOV	£249,950	£183,809	36% above HPI

REALM 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 four REALM HOUSE sales between November 2002 and November 2022 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 October 2015 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2022 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is REALM HOUSE?

REALM HOUSE is 148m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where REALM HOUSE lies on this distribution: 73% of detached houses are smaller than REALM HOUSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

REALM HOUSE: Plot and Title Map

REALM HOUSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of REALM 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 REALM 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 REALM HOUSE?

REALM HOUSE is located on HEATHFIELD ROAD in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of REALM HOUSE on HEATHFIELD ROAD.