14, RUSHCLOSE, SHANKLIN, PO37 7NW - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 RUSHCLOSE is a very large detached house of 163m², which could now be worth an estimated £649,438. It was last sold for £575,000 in December 2020, which was around 60% above the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

14 RUSHCLOSE Sold Prices

Land registry data shows two sales for 14 RUSHCLOSE 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 14 RUSHCLOSE sales were for above 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
2020 7 DEC	£575,000	£360,453	60% above HPI
2016 9 MAY	£340,000	£282,523	20% above HPI

14 RUSHCLOSE 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 RUSHCLOSE sales from May 2016 and December 2020 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 May 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the December 2020 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 14 RUSHCLOSE be worth now?

14 RUSHCLOSE might now be worth an estimated £649,438.

This is based on house price inflation of 12.9%, between December 2020 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.9% inflationary increase is applied to the most recent sale price for 14 RUSHCLOSE of £575,000 on 7th December 2020. For the value to have increased from £575,000 to £649,438 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 RUSHCLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RUSHCLOSE has not materially changed since December 2020.

How Large is 14 RUSHCLOSE?

14 RUSHCLOSE is 163m² according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where 14 RUSHCLOSE lies on this distribution: 81% of detached houses houses are smaller than 14 RUSHCLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

14 RUSHCLOSE: Plot and Title Map

14 RUSHCLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 14 RUSHCLOSE, 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 RUSHCLOSE). 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 RUSHCLOSE?

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