SWAINS COTTAGE, SWAINS LANE, BEMBRIDGE, PO35 5ST - £1,800,000

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.

SWAINS COTTAGE is a very large detached house of 277m², built sometime between 1900 and 1929, which could now be worth an estimated £1,985,816. It was last sold for £1,800,000 in February 2021, which was around 405% above the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

SWAINS COTTAGE Sold Prices

Land registry data shows two sales for SWAINS COTTAGE 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 SWAINS COTTAGE 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
2021 12 FEB	£1,800,000	£356,249	405% above HPI
2017 1 JUN	£1,025,000	£294,728	248% above HPI

SWAINS COTTAGE 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 SWAINS COTTAGE sales from June 2017 and February 2021 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 June 2017 sale was for 248% above the HPI. So the extrapolation line tracks at 248% above the HPI over time, until the February 2021 sale, where it rises to 405% above the HPI. The line then continues to track at 405% above the HPI.

What might SWAINS COTTAGE be worth now?

SWAINS COTTAGE might now be worth an estimated £1,985,816.

This is based on house price inflation of 10.3%, between February 2021 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 10.3% inflationary increase is applied to the most recent sale price for SWAINS COTTAGE of £1,800,000 on 12th February 2021. For the value to have increased from £1,800,000 to £1,985,816 over the three years and six months to August 2025, the following assumptions must hold true:

• The value of SWAINS COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2021 sale price of £1,800,000 represented a fair market value for the property.
• The size, condition, and specification of SWAINS COTTAGE has not materially changed since February 2021.

How Large is SWAINS COTTAGE?

SWAINS COTTAGE is 277m² according to the EPC inspection conducted in September 2015. This puts it in the largest 10% 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 SWAINS COTTAGE lies on this distribution: 95% of detached houses houses are smaller than SWAINS COTTAGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

SWAINS COTTAGE: Plot and Title Map

SWAINS COTTAGE sits on a plot of roughly 0.796 of an acre, or 3,223m². The below map shows the location of SWAINS COTTAGE, 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 SWAINS COTTAGE). 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 SWAINS COTTAGE?

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