3, PIERRELLEN GARDENS, SHANKLIN, PO37 7JG - £325,000

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 PIERRELLEN GARDENS is a large extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £325,000 in July 2020, which was around 3% below the average July 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 PIERRELLEN GARDENS Sold Prices

Land registry data shows four sales for 3 PIERRELLEN GARDENS 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. two of the four 3 PIERRELLEN GARDENS sales were for below the average price, and four 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 17 JUL	£325,000	£336,017	3% below HPI
2003 2 DEC	£279,950	£208,499	34% above HPI
2002 28 JUL	£212,000	£167,707	26% above HPI
2000 20 OCT	£115,000	£127,735	10% below HPI

3 PIERRELLEN GARDENS 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 3 PIERRELLEN GARDENS sales between October 2000 and July 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 December 2003 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 PIERRELLEN GARDENS?

3 PIERRELLEN GARDENS is 137m², which includes one extension, according to the EPC inspection conducted in May 2019. 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 3 PIERRELLEN GARDENS lies on this distribution: 70% of detached houses are smaller than 3 PIERRELLEN GARDENS, and 30% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

3 PIERRELLEN GARDENS: Plot and Title Map

3 PIERRELLEN GARDENS sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 3 PIERRELLEN GARDENS, 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 PIERRELLEN GARDENS). 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 PIERRELLEN GARDENS?

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