2, WOODLANDS, SHANKLIN, PO37 6FJ - £840,000

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.

2 WOODLANDS is a very large detached house of 200m², which could now be worth an estimated £815,405. It was last sold for £840,000 in May 2023, which was around 100% above the average May 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was B.

2 WOODLANDS Sold Prices

Land registry data shows two sales for 2 WOODLANDS 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 WOODLANDS 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 11 MAY	£840,000	£419,396	100% above HPI
2018 1 FEB	£525,000	£301,469	74% above HPI

2 WOODLANDS 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 WOODLANDS sales from February 2018 and May 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 February 2018 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the May 2023 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 2 WOODLANDS be worth now?

2 WOODLANDS might now be worth an estimated £815,405.

This is based on house price deflation of 2.9%, between May 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 2.9% deflationary decrease is applied to the most recent sale price for 2 WOODLANDS of £840,000 on 11th May 2023. For the value to have decreased from £840,000 to £815,405 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 2 WOODLANDS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2023 sale price of £840,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODLANDS has not materially changed since May 2023.

How Large is 2 WOODLANDS?

2 WOODLANDS is 200m² according to the EPC inspection conducted in January 2018. This puts it in the largest 10% 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 WOODLANDS lies on this distribution: 90% of detached houses houses are smaller than 2 WOODLANDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

2 WOODLANDS: Plot and Title Map

2 WOODLANDS sits on a plot of roughly 2.2 acres, or 8,921m². The below map shows the location of 2 WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

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