THE VINES, LANE END CLOSE, BEMBRIDGE, PO35 5UF - £505,000

THE VINES is a midsized detached house of 107m², built sometime between 1967 and 1975. It was last sold for £505,000 in September 2021, which was around 36% above the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

THE VINES Sold Prices

Land registry data shows three sales for THE VINES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three THE VINES 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 17 SEP	£505,000	£372,037	36% above HPI
2006 21 JUL	£310,000	£247,337	25% above HPI
1998 21 APR	£115,000	£84,592	36% above HPI

THE VINES 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 three THE VINES sales between April 1998 and September 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 July 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2021 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is THE VINES?

THE VINES is 107m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where THE VINES lies on this distribution: 44% of detached houses are smaller than THE VINES, and 56% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

THE VINES: Plot and Title Map

THE VINES sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of THE VINES, 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 THE VINES). 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 THE VINES?

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