8, EAST MEAD, SHANKLIN, PO37 6NA - £355,000

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

8 EAST MEAD is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £355,000 in July 2014, which was around 32% above the average July 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

8 EAST MEAD Sold Prices

Land registry data shows two sales for 8 EAST MEAD 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 8 EAST MEAD 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
2014 23 JUL	£355,000	£267,928	32% above HPI
1999 9 AUG	£150,000	£99,752	50% above HPI

8 EAST MEAD 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 8 EAST MEAD sales from August 1999 and July 2014 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 1999 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2014 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 8 EAST MEAD?

8 EAST MEAD is 116m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 8 EAST MEAD lies on this distribution: 57% of detached houses are smaller than 8 EAST MEAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

8 EAST MEAD: Plot and Title Map

8 EAST MEAD sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of 8 EAST MEAD, 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 8 EAST MEAD). 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 8 EAST MEAD?

8 EAST MEAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 8 on EAST MEAD.