17, RUSHCLOSE, SHANKLIN, PO37 7NW - £700,000

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

17 RUSHCLOSE is a very large detached house of 186m², built sometime between 2003 and 2006. It was last sold for £700,000 in February 2023, which was around 62% above the average February 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

17 RUSHCLOSE Sold Prices

Land registry data shows two sales for 17 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 17 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
2023 15 FEB	£700,000	£431,728	62% above HPI
2008 8 AUG	£445,000	£259,165	72% above HPI

17 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 17 RUSHCLOSE sales from August 2008 and February 2023 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 August 2008 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the February 2023 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 17 RUSHCLOSE?

17 RUSHCLOSE is 186m² according to the EPC inspection conducted in October 2022. 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 17 RUSHCLOSE lies on this distribution: 87% of detached houses are smaller than 17 RUSHCLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

17 RUSHCLOSE: Plot and Title Map

17 RUSHCLOSE sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of 17 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 17 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 17 RUSHCLOSE?

17 RUSHCLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 17 on RUSHCLOSE.