BRACKENWOOD, UPPER HYDE FARM LANE, SHANKLIN, PO37 7PS - £310,000

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

BRACKENWOOD is a large extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £310,000 in January 2015, which was around 16% above the average January 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

BRACKENWOOD Sold Prices

Land registry data shows three sales for BRACKENWOOD 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. All of the three BRACKENWOOD 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
2015 9 JAN	£310,000	£268,058	16% above HPI
2003 4 NOV	£245,000	£204,988	20% above HPI
2002 20 DEC	£250,000	£184,364	36% above HPI

BRACKENWOOD 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 BRACKENWOOD sales between December 2002 and January 2015 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 November 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2015 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is BRACKENWOOD?

BRACKENWOOD is 122m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 BRACKENWOOD lies on this distribution: 61% of detached houses are smaller than BRACKENWOOD, and 38% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

BRACKENWOOD: Plot and Title Map

BRACKENWOOD sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of BRACKENWOOD, 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 BRACKENWOOD). 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 BRACKENWOOD?

BRACKENWOOD is located on UPPER HYDE FARM LANE in SHANKLIN, in the PO37 postcode district. The below map shows the position of BRACKENWOOD on UPPER HYDE FARM LANE.