10, PRINCES WAY, SHANKLIN, PO37 7DU - £235,000

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 PRINCES WAY is a very small detached house of 48m², built sometime between 1950 and 1966. It was last sold for £235,000 in June 2021, which was around 36% below the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

10 PRINCES WAY Sold Prices

Land registry data shows four sales for 10 PRINCES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 10 PRINCES WAY 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 30 JUN	£235,000	£369,466	36% below HPI
2002 30 OCT	£125,000	£178,593	30% below HPI
1999 18 OCT	£65,000	£105,421	38% below HPI
1997 18 AUG	£49,950	£79,983	38% below HPI

10 PRINCES WAY 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 four 10 PRINCES WAY sales between August 1997 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 October 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 10 PRINCES WAY?

10 PRINCES WAY is 48m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% 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 PRINCES WAY lies on this distribution: 1% of detached houses are smaller than 10 PRINCES WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

10 PRINCES WAY: Plot and Title Map

10 PRINCES WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 10 PRINCES WAY, 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 PRINCES WAY). 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 PRINCES WAY?

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