5, WITBANK GARDENS, SHANKLIN, PO37 7JE - £430,000

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

5 WITBANK GARDENS is a large detached house of 130m², built sometime between 1930 and 1949. It was last sold for £430,000 in April 2021, which was around 18% above the average April 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

5 WITBANK GARDENS Sold Prices

Land registry data shows two sales for 5 WITBANK GARDENS 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 5 WITBANK GARDENS sales were for above 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 29 APR	£430,000	£364,812	18% above HPI
2001 20 SEP	£154,000	£143,407	7% above HPI

5 WITBANK GARDENS 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 5 WITBANK GARDENS sales from September 2001 and April 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 September 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 5 WITBANK GARDENS?

5 WITBANK GARDENS is 130m² according to the EPC inspection conducted in January 2021. This puts it in the largest 40% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 5 WITBANK GARDENS lies on this distribution: 67% of detached houses are smaller than 5 WITBANK GARDENS, and 33% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

5 WITBANK GARDENS: Plot and Title Map

5 WITBANK GARDENS sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 5 WITBANK GARDENS, 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 5 WITBANK GARDENS). 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 5 WITBANK GARDENS?

5 WITBANK GARDENS is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 5 on WITBANK GARDENS.