15, NORTH ROAD, SHANKLIN, PO37 6DB - £175,000

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.

15 NORTH ROAD is a small extended detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £218,541. It was last sold for £175,000 in April 2020, which was around 46% below the average April 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

15 NORTH ROAD Sold Prices

Land registry data shows two sales for 15 NORTH ROAD 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 15 NORTH ROAD 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
2020 29 APR	£175,000	£326,004	46% below HPI
2016 7 NOV	£80,000	£284,521	72% below HPI

15 NORTH ROAD 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 15 NORTH ROAD sales from November 2016 and April 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 November 2016 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the April 2020 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 15 NORTH ROAD be worth now?

15 NORTH ROAD might now be worth an estimated £218,541.

This is based on house price inflation of 24.9%, between April 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 24.9% inflationary increase is applied to the most recent sale price for 15 NORTH ROAD of £175,000 on 29th April 2020. For the value to have increased from £175,000 to £218,541 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 15 NORTH ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NORTH ROAD has not materially changed since April 2020.

How Large is 15 NORTH ROAD?

15 NORTH ROAD is 85m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% 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 15 NORTH ROAD lies on this distribution: 28% of detached houses houses are smaller than 15 NORTH ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

15 NORTH ROAD: Plot and Title Map

15 NORTH ROAD sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 15 NORTH ROAD, 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 15 NORTH ROAD). 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 15 NORTH ROAD?

15 NORTH ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 15 on NORTH ROAD.