7, ROLFS CLOSE, BEMBRIDGE, PO35 5RL - £350,000

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.

7 ROLFS CLOSE is a small extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £417,871. It was last sold for £350,000 in September 2019, which was around 10% above the average September 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

7 ROLFS CLOSE Sold Prices

Land registry data shows one sale for 7 ROLFS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 25 SEP	£350,000	£318,187	10% above HPI

What might 7 ROLFS CLOSE be worth now?

7 ROLFS CLOSE might now be worth an estimated £417,871.

This is based on house price inflation of 19.4%, between September 2019 and May 2026, 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 19.4% inflationary increase is applied to the most recent sale price for 7 ROLFS CLOSE of £350,000 on 25th September 2019. For the value to have increased from £350,000 to £417,871 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 7 ROLFS CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROLFS CLOSE has not materially changed since September 2019.

How Large is 7 ROLFS CLOSE?

7 ROLFS CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where 7 ROLFS CLOSE lies on this distribution: 32% of detached houses are smaller than 7 ROLFS CLOSE, and 68% of detached houses are larger. Note that EPC data is not available for all properties in Bembridge.

7 ROLFS CLOSE: Plot

7 ROLFS CLOSE sits on a plot of roughly 0.210 of an acre, or 849m².

Where is 7 ROLFS CLOSE?

7 ROLFS CLOSE is located in BEMBRIDGE, in the PO35 postcode district.