3, RUSHCLOSE, SHANKLIN, PO37 7NW - £680,000

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 RUSHCLOSE is a very large detached house of 178m². It was last sold for £680,000 in May 2024, which was around 68% above the average May 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

3 RUSHCLOSE Sold Prices

Land registry data shows two sales for 3 RUSHCLOSE 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 3 RUSHCLOSE 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
2024 8 MAY	£680,000	£404,553	68% above HPI
2016 20 JUL	£425,000	£289,666	47% above HPI

3 RUSHCLOSE 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 3 RUSHCLOSE sales from July 2016 and May 2024 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 July 2016 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2024 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 3 RUSHCLOSE?

3 RUSHCLOSE is 178m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% 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 RUSHCLOSE lies on this distribution: 85% of detached houses are smaller than 3 RUSHCLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

3 RUSHCLOSE: Plot and Title Map

3 RUSHCLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 3 RUSHCLOSE, 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 RUSHCLOSE). 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 RUSHCLOSE?

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