Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
66 GREEN LANE is a small extended detached house of 87m², built sometime between 1930 and 1949. It was last sold for £149,950 in October 2003, which was around 24% below the average October 2003 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 66 GREEN LANE since 1st 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 66 GREEN LANE 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 |
---|---|---|---|
2003 17 OCT | £149,950 | £198,359 | 24% below HPI |
1999 27 JUL | £56,850 | £98,055 | 42% below HPI |
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 66 GREEN LANE sales from July 1999 and October 2003 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 July 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2003 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
66 GREEN LANE is 87m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 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 66 GREEN LANE lies on this distribution: 31% of detached houses are smaller than 66 GREEN LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Shanklin.
66 GREEN LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 66 GREEN LANE, 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 66 GREEN LANE). 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.
66 GREEN LANE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 66 on GREEN LANE.