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 RUSHCLOSE is a very large detached house of 163m². It was last sold for £575,000 in December 2020, which was around 56% 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.
Land registry data shows two sales for 14 RUSHCLOSE since 1st 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 | £368,126 | 56% above HPI |
2016 9 MAY | £340,000 | £288,538 | 18% above HPI |
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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2020 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.
14 RUSHCLOSE is 163m² according to the EPC inspection conducted in January 2016. This puts it in the largest 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 14 RUSHCLOSE lies on this distribution: 80% of detached houses are smaller than 14 RUSHCLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Shanklin.
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.
14 RUSHCLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 14 on RUSHCLOSE.