7, CULVER ROAD, SHANKLIN, PO37 6ER - £495,000

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

7 CULVER ROAD is a very large extended detached house of 228m², built sometime between 1967 and 1975. It was last sold for £495,000 in July 2018, which was around 58% above the average July 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was A.

7 CULVER ROAD Sold Prices

Land registry data shows three sales for 7 CULVER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 7 CULVER ROAD sales were for above the average price, whilst one was 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
2018 25 JUL	£495,000	£312,782	58% above HPI
2009 24 AUG	£185,000	£235,539	21% below HPI
1995 31 MAR	£110,000	£68,969	59% above HPI

7 CULVER 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 three 7 CULVER ROAD sales between March 1995 and July 2018 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 August 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2018 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 7 CULVER ROAD?

7 CULVER ROAD is 228m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the largest 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 7 CULVER ROAD lies on this distribution: 94% of detached houses are smaller than 7 CULVER ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

7 CULVER ROAD: Plot and Title Map

7 CULVER ROAD sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 7 CULVER 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 7 CULVER 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 7 CULVER ROAD?

7 CULVER ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 7 on CULVER ROAD.