33A, GREEN LANE, SHANKLIN, PO37 7JF - £173,000

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

33A GREEN LANE is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £173,000 in June 2013, which was around 31% below the average June 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

33A GREEN LANE Sold Prices

Land registry data shows two sales for 33A GREEN LANE 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 33A GREEN LANE 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
2013 5 JUN	£173,000	£249,351	31% below HPI
2011 8 SEP	£168,000	£246,994	32% below HPI

33A 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 two 33A GREEN LANE sales from September 2011 and June 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 September 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2013 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 33A GREEN LANE?

33A GREEN LANE is 73m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 33A GREEN LANE lies on this distribution: 14% of detached houses are smaller than 33A GREEN LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

33A GREEN LANE: Plot and Title Map

33A GREEN LANE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 33A 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 33A 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 33A GREEN LANE?

33A GREEN LANE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 33A on GREEN LANE.