16, FURZE HILL ROAD, SHANKLIN, PO37 7PA - £350,000

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

16 FURZE HILL ROAD is a very large extended detached house of 230m², built sometime before 1900. It was last sold for £350,000 in March 2016, which was around 21% above the average March 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

16 FURZE HILL ROAD Sold Prices

Land registry data shows three sales for 16 FURZE HILL ROAD 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 16 FURZE HILL ROAD 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
2016 31 MAR	£350,000	£289,611	21% above HPI
2003 29 OCT	£310,000	£198,359	56% above HPI
1998 12 OCT	£110,000	£92,955	18% above HPI

16 FURZE HILL 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 three 16 FURZE HILL ROAD sales between October 1998 and March 2016 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 October 2003 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2016 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 16 FURZE HILL ROAD?

16 FURZE HILL ROAD is 230m², which includes three extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 16 FURZE HILL ROAD lies on this distribution: 94% of detached houses are smaller than 16 FURZE HILL ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

16 FURZE HILL ROAD: Plot and Title Map

16 FURZE HILL ROAD sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 16 FURZE HILL 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 16 FURZE HILL 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 16 FURZE HILL ROAD?

16 FURZE HILL ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 16 on FURZE HILL ROAD.