10, NINHAM CLOSE, SHANKLIN, PO37 7EP - £320,000

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

10 NINHAM CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £320,000 in December 2021, which was around 21% below the average December 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

10 NINHAM CLOSE Sold Prices

Land registry data shows two sales for 10 NINHAM CLOSE 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 10 NINHAM CLOSE sales were for below 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 10 DEC	£320,000	£402,556	21% below HPI
1996 25 SEP	£68,000	£71,831	5% below HPI

10 NINHAM CLOSE 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 10 NINHAM CLOSE sales from September 1996 and December 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 September 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 10 NINHAM CLOSE?

10 NINHAM CLOSE is 74m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 10 NINHAM CLOSE lies on this distribution: 14% of detached houses are smaller than 10 NINHAM CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

10 NINHAM CLOSE: Plot and Title Map

10 NINHAM CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 10 NINHAM CLOSE, 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 10 NINHAM CLOSE). 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 10 NINHAM CLOSE?

10 NINHAM CLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 10 on NINHAM CLOSE.