WOODCUT, SWAINS ROAD, BEMBRIDGE, PO35 5XS - £680,000

WOODCUT is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £680,000 in April 2022, which was around 66% above the average April 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

WOODCUT Sold Prices

Land registry data shows two sales for WOODCUT 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 WOODCUT 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 6 APR	£680,000	£410,109	66% above HPI
2018 2 MAR	£405,000	£306,446	32% above HPI

WOODCUT 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 WOODCUT sales from March 2018 and April 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 March 2018 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2022 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is WOODCUT?

WOODCUT is 106m² according to the EPC inspection conducted in July 2017. 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 WOODCUT lies on this distribution: 43% of detached houses are smaller than WOODCUT, and 57% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

WOODCUT: Plot and Title Map

WOODCUT sits on a plot of roughly 0.289 of an acre, or 1,168m². The below map shows the location of WOODCUT, 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 WOODCUT). 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 WOODCUT?

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