6, WHEELER WAY, SHANKLIN, PO37 7HF - £220,000

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

6 WHEELER WAY is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £220,000 in July 2020, which was around 35% below the average July 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

6 WHEELER WAY Sold Prices

Land registry data shows two sales for 6 WHEELER WAY 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 6 WHEELER WAY 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
2020 22 JUL	£220,000	£336,017	35% below HPI
1999 1 JUN	£64,000	£96,072	33% below HPI

6 WHEELER WAY 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 6 WHEELER WAY sales from June 1999 and July 2020 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 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 WHEELER WAY?

6 WHEELER WAY is 63m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 6 WHEELER WAY lies on this distribution: 4% of detached houses are smaller than 6 WHEELER WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

6 WHEELER WAY: Plot and Title Map

6 WHEELER WAY sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 6 WHEELER WAY, 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 6 WHEELER WAY). 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 6 WHEELER WAY?

6 WHEELER WAY is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 6 on WHEELER WAY.