22, GRANGE ROAD, SHANKLIN, PO37 6NN - £500,000

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

22 GRANGE ROAD is a very large extended detached house of 307m², built sometime before 1900. It was last sold for £500,000 in October 2020, which was around 42% above the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was C.

22 GRANGE ROAD Sold Prices

Land registry data shows two sales for 22 GRANGE 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 22 GRANGE 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
2020 8 OCT	£500,000	£352,278	42% above HPI
2003 4 APR	£323,000	£188,683	71% above HPI

22 GRANGE 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 22 GRANGE ROAD sales from April 2003 and October 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 April 2003 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the October 2020 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 22 GRANGE ROAD?

22 GRANGE ROAD is 307m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 22 GRANGE ROAD lies on this distribution: 98% of detached houses are smaller than 22 GRANGE ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

22 GRANGE ROAD: Plot and Title Map

22 GRANGE ROAD sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 22 GRANGE 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 22 GRANGE 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 22 GRANGE ROAD?

22 GRANGE ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 22 on GRANGE ROAD.