24, GRANGE ROAD, SHANKLIN, PO37 6NN - £560,000

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

24 GRANGE ROAD is a very large extended detached house of 217m², built sometime before 1900. It was last sold for £560,000 in November 2021, which was around 41% above the average November 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

24 GRANGE ROAD Sold Prices

Land registry data shows three sales for 24 GRANGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 24 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
2021 30 NOV	£560,000	£398,511	41% above HPI
2018 12 JAN	£470,000	£305,686	54% above HPI
2010 11 AUG	£308,450	£255,250	21% above HPI

24 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 three 24 GRANGE ROAD sales between August 2010 and November 2021 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 2018 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2021 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 24 GRANGE ROAD?

24 GRANGE ROAD is 217m², which includes one extension, according to the EPC inspection conducted in June 2015. 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 24 GRANGE ROAD lies on this distribution: 93% of detached houses are smaller than 24 GRANGE ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

24 GRANGE ROAD: Plot and Title Map

24 GRANGE ROAD sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 24 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 24 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 24 GRANGE ROAD?

24 GRANGE ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 24 on GRANGE ROAD.