47, WESTERN ROAD, SHANKLIN, PO37 7NF - £150,000

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

47 WESTERN ROAD is a small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £150,000 in September 2012, which was around 41% below the average September 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was C.

47 WESTERN ROAD Sold Prices

Land registry data shows five sales for 47 WESTERN ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 47 WESTERN ROAD 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
2012 26 SEP	£150,000	£255,962	41% below HPI
2010 14 JUN	£157,000	£251,182	37% below HPI
2004 23 MAR	£122,500	£210,671	42% below HPI
2001 5 JAN	£60,000	£134,031	55% below HPI
1999 14 JAN	£63,000	£93,730	33% below HPI

47 WESTERN ROAD 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 five 47 WESTERN ROAD sales between January 1999 and September 2012 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 June 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 47 WESTERN ROAD?

47 WESTERN ROAD is 81m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 47 WESTERN ROAD lies on this distribution: 24% of detached houses are smaller than 47 WESTERN ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

47 WESTERN ROAD: Plot and Title Map

47 WESTERN ROAD sits on a plot of roughly 0.300 of an acre, or 1,213m². The below map shows the location of 47 WESTERN ROAD, 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 47 WESTERN ROAD). 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 47 WESTERN ROAD?

47 WESTERN ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 47 on WESTERN ROAD.