116, GREEN LANE, SHANKLIN, PO37 7EU - £209,000

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

116 GREEN LANE is a midsized detached house of 100m², built sometime between 1930 and 1949. It was last sold for £209,000 in December 2010, which was around 18% below the average December 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was C.

116 GREEN LANE Sold Prices

Land registry data shows four sales for 116 GREEN LANE 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 116 GREEN LANE 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
2010 15 DEC	£209,000	£255,396	18% below HPI
2006 28 JUL	£239,000	£247,337	3% below HPI
2002 9 AUG	£155,000	£169,911	9% below HPI
1998 28 AUG	£88,500	£90,144	2% below HPI

116 GREEN LANE 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 116 GREEN LANE sales between August 1998 and December 2010 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 July 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2010 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 116 GREEN LANE?

116 GREEN LANE is 100m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 50% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 116 GREEN LANE lies on this distribution: 44% of detached houses are smaller than 116 GREEN LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

116 GREEN LANE: Plot and Title Map

116 GREEN LANE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 116 GREEN LANE, 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 116 GREEN LANE). 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 116 GREEN LANE?

116 GREEN LANE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 116 on GREEN LANE.