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

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

4 NINHAM CLOSE is a midsized extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £265,000 in August 2021, which was around 28% 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	£368,139	28% below HPI
2003 12 DEC	£187,500	£208,499	10% below HPI
2001 15 JUN	£117,000	£134,781	13% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 4 NINHAM CLOSE lies on this distribution: 43% of detached 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.