11, WITBANK GARDENS, SHANKLIN, PO37 7JE - £268,500

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

11 WITBANK GARDENS is a small extended detached house of 87m², built sometime between 1930 and 1949. It was last sold for £268,500 in April 2023, which was around 37% below the average April 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

11 WITBANK GARDENS Sold Prices

Land registry data shows two sales for 11 WITBANK GARDENS 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 11 WITBANK GARDENS 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
2023 27 APR	£268,500	£426,854	37% below HPI
2007 31 AUG	£186,000	£263,269	29% below HPI

11 WITBANK GARDENS 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 11 WITBANK GARDENS sales from August 2007 and April 2023 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 August 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 11 WITBANK GARDENS?

11 WITBANK GARDENS is 87m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 11 WITBANK GARDENS lies on this distribution: 30% of detached houses are smaller than 11 WITBANK GARDENS, and 68% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

11 WITBANK GARDENS: Plot and Title Map

11 WITBANK GARDENS sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 11 WITBANK GARDENS, 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 11 WITBANK GARDENS). 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 11 WITBANK GARDENS?

11 WITBANK GARDENS is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 11 on WITBANK GARDENS.