4, NINHAM CLOSE, SHANKLIN, PO37 7EP - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 NINHAM CLOSE is a midsized extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £299,296. It was last sold for £265,000 in August 2021, which was around 26% below the average August 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

4 NINHAM CLOSE Sold Prices

Land registry data shows three sales for 4 NINHAM CLOSE 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 4 NINHAM CLOSE 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 4 AUG	£265,000	£360,465	26% below HPI
2003 12 DEC	£187,500	£204,152	8% below HPI
2001 15 JUN	£117,000	£131,972	11% below HPI

4 NINHAM CLOSE 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 4 NINHAM CLOSE sales between June 2001 and August 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 December 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 NINHAM CLOSE be worth now?

4 NINHAM CLOSE might now be worth an estimated £299,296.

This is based on house price inflation of 12.9%, between August 2021 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.9% inflationary increase is applied to the most recent sale price for 4 NINHAM CLOSE of £265,000 on 4th August 2021. For the value to have increased from £265,000 to £299,296 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 4 NINHAM CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NINHAM CLOSE has not materially changed since August 2021.

How Large is 4 NINHAM CLOSE?

4 NINHAM CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 50% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where 4 NINHAM CLOSE lies on this distribution: 43% of detached houses houses are smaller than 4 NINHAM CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

4 NINHAM CLOSE: Plot and Title Map

4 NINHAM CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 4 NINHAM CLOSE, 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 4 NINHAM CLOSE). 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 4 NINHAM CLOSE?

4 NINHAM CLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 4 on NINHAM CLOSE.