SOUTH GATE, LANE END CLOSE, BEMBRIDGE, PO35 5UF - £422,500

SOUTH GATE is a very large extended detached house of 190m², built sometime between 1967 and 1975. It was last sold for £422,500 in November 2012, which was around 70% above the average November 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

SOUTH GATE Sold Prices

Land registry data shows two sales for SOUTH GATE 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 SOUTH GATE 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
2012 7 NOV	£422,500	£248,815	70% above HPI
2009 2 OCT	£249,995	£245,437	2% above HPI

SOUTH GATE 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 SOUTH GATE sales from October 2009 and November 2012 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 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2012 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is SOUTH GATE?

SOUTH GATE is 190m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 20% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where SOUTH GATE lies on this distribution: 84% of detached houses are smaller than SOUTH GATE, and 16% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

SOUTH GATE: Plot and Title Map

SOUTH GATE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of SOUTH GATE, 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 SOUTH GATE). 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 SOUTH GATE?

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