14, PRINCES WAY, SHANKLIN, PO37 7DU - £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

14 PRINCES WAY is a midsized detached house of 116m², built sometime between 1950 and 1966. It was last sold for £250,000 in June 2015, which was around 9% below the average June 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was B.

14 PRINCES WAY Sold Prices

Land registry data shows two sales for 14 PRINCES WAY 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. One of the two 14 PRINCES WAY sales was for below the average price, whilst the other was roughly equal to 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
2015 29 JUN	£250,000	£274,143	9% below HPI
2001 7 MAR	£133,000	£133,161	Close to HPI

14 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 two 14 PRINCES WAY sales from March 2001 and June 2015 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 March 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 14 PRINCES WAY?

14 PRINCES WAY is 116m² according to the EPC inspection conducted in January 2022. This puts it in the largest 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 14 PRINCES WAY lies on this distribution: 56% of detached houses are smaller than 14 PRINCES WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

14 PRINCES WAY: Plot and Title Map

14 PRINCES WAY sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 14 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 14 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 14 PRINCES WAY?

14 PRINCES WAY is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 14 on PRINCES WAY.