23, GREEN LANE, SHANKLIN, PO37 7JH - £265,000

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

23 GREEN LANE is a large extended detached house of 126m², built sometime between 1930 and 1949. It was last sold for £265,000 in November 2013, which was around 2% above the average November 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

23 GREEN LANE Sold Prices

Land registry data shows four sales for 23 GREEN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 23 GREEN LANE 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
2013 12 NOV	£265,000	£259,215	2% above HPI
2012 24 AUG	£262,000	£257,714	2% above HPI
2009 23 APR	£240,000	£230,871	4% above HPI
1997 7 APR	£85,000	£74,389	14% above HPI

23 GREEN LANE 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 four 23 GREEN LANE sales between April 1997 and November 2013 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 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2013 sale, which was also at 2% above the HPI.

How Large is 23 GREEN LANE?

23 GREEN LANE is 126m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 23 GREEN LANE lies on this distribution: 64% of detached houses are smaller than 23 GREEN LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

23 GREEN LANE: Plot and Title Map

23 GREEN LANE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 23 GREEN LANE, 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 23 GREEN LANE). 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 23 GREEN LANE?

23 GREEN LANE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 23 on GREEN LANE.