1, THE LIMES, SHANKLIN, PO37 6SB - £675,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE LIMES is a very large extended detached house of 194m², built sometime between 1996 and 2002. It was last sold for £675,000 in June 2021, which was around 83% above the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

1 THE LIMES Sold Prices

Land registry data shows three sales for 1 THE LIMES 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 1 THE LIMES 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 29 JUN	£675,000	£369,466	83% above HPI
2015 21 DEC	£535,000	£286,657	87% above HPI
2001 30 MAR	£225,000	£133,161	69% above HPI

1 THE LIMES 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 1 THE LIMES sales between March 2001 and June 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 December 2015 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the June 2021 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 1 THE LIMES?

1 THE LIMES is 194m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 1 THE LIMES lies on this distribution: 88% of detached houses are smaller than 1 THE LIMES, and 12% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

1 THE LIMES: Plot and Title Map

1 THE LIMES sits on a plot of roughly 0.200 of an acre, or 810m². The below map shows the location of 1 THE LIMES, 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 1 THE LIMES). 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 1 THE LIMES?

1 THE LIMES is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 1 on THE LIMES.