3, DOWNLAND VIEW, SHANKLIN, PO37 7EE - £285,000

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

3 DOWNLAND VIEW is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £285,000 in June 2021, which was around 23% below the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

3 DOWNLAND VIEW Sold Prices

Land registry data shows three sales for 3 DOWNLAND VIEW 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 3 DOWNLAND VIEW sales were for below 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 10 JUN	£285,000	£369,466	23% below HPI
2019 15 MAR	£190,500	£324,062	41% below HPI
2001 18 DEC	£116,000	£152,206	24% below HPI

3 DOWNLAND VIEW 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 3 DOWNLAND VIEW sales between December 2001 and June 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 March 2019 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 DOWNLAND VIEW?

3 DOWNLAND VIEW is 62m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 3 DOWNLAND VIEW lies on this distribution: 3% of detached houses are smaller than 3 DOWNLAND VIEW, and 96% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

3 DOWNLAND VIEW: Plot and Title Map

3 DOWNLAND VIEW sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 3 DOWNLAND VIEW, 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 3 DOWNLAND VIEW). 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 3 DOWNLAND VIEW?

3 DOWNLAND VIEW is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 3 on DOWNLAND VIEW.