13, WITBANK GARDENS, SHANKLIN, PO37 7JE - £250,000

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

13 WITBANK GARDENS is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £250,000 in February 2017, which was around 15% below the average February 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

13 WITBANK GARDENS Sold Prices

Land registry data shows three sales for 13 WITBANK GARDENS 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 13 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
2017 16 FEB	£250,000	£295,207	15% below HPI
2014 24 FEB	£180,000	£259,038	31% below HPI
2007 13 DEC	£193,000	£269,770	28% below HPI

13 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 three 13 WITBANK GARDENS sales between December 2007 and February 2017 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 February 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 13 WITBANK GARDENS?

13 WITBANK GARDENS is 76m² according to the EPC inspection conducted in February 2016. 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 13 WITBANK GARDENS lies on this distribution: 18% of detached houses are smaller than 13 WITBANK GARDENS, and 81% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

13 WITBANK GARDENS: Plot and Title Map

13 WITBANK GARDENS sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 13 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 13 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 13 WITBANK GARDENS?

13 WITBANK GARDENS is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 13 on WITBANK GARDENS.