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

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.

47 WESTERN ROAD is a small extended detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £243,659. It was last sold for £150,000 in September 2012, which was around 40% 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	£250,626	40% below HPI
2010 14 JUN	£157,000	£245,946	36% below HPI
2004 23 MAR	£122,500	£206,280	41% below HPI
2001 5 JAN	£60,000	£131,237	54% below HPI
1999 14 JAN	£63,000	£91,777	31% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 47 WESTERN ROAD be worth now?

47 WESTERN ROAD might now be worth an estimated £243,659.

This is based on house price inflation of 62.4%, between September 2012 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 62.4% inflationary increase is applied to the most recent sale price for 47 WESTERN ROAD of £150,000 on 26th September 2012. For the value to have increased from £150,000 to £243,659 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 47 WESTERN ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2012 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 47 WESTERN ROAD has not materially changed since September 2012.

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 houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where 47 WESTERN ROAD lies on this distribution: 24% of detached houses 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.