2, THE LIMES, SHANKLIN, PO37 6SB - £695,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE LIMES is a large extended detached house of 155m², built sometime between 1996 and 2002, which could now be worth an estimated £688,116. It was last sold for £695,000 in July 2023, which was around 69% above the average July 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 THE LIMES Sold Prices

Land registry data shows two sales for 2 THE LIMES 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 2 THE LIMES 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 28 JUL	£695,000	£411,189	69% above HPI
2000 19 JAN	£205,000	£107,161	91% above HPI

2 THE LIMES 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 2 THE LIMES sales from January 2000 and July 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 January 2000 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the July 2023 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 2 THE LIMES be worth now?

2 THE LIMES might now be worth an estimated £688,116.

This is based on house price deflation of 1%, between July 2023 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 1% deflationary decrease is applied to the most recent sale price for 2 THE LIMES of £695,000 on 28th July 2023. For the value to have decreased from £695,000 to £688,116 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 2 THE LIMES has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2023 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LIMES has not materially changed since July 2023.

How Large is 2 THE LIMES?

2 THE LIMES is 155m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 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 2 THE LIMES lies on this distribution: 77% of detached houses houses are smaller than 2 THE LIMES, and 22% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

2 THE LIMES: Plot and Title Map

2 THE LIMES sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of 2 THE LIMES, 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 2 THE LIMES). 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 2 THE LIMES?

2 THE LIMES is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 2 on THE LIMES.