BRINDAVAN, PEACOCK CLOSE, SHANKLIN, PO37 6NB - £355,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BRINDAVAN is a very large detached house of 177m², built sometime between 1996 and 2002, which could now be worth an estimated £587,013. It was last sold for £355,000 in October 2006, which was around 44% above the average October 2006 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

BRINDAVAN Sold Prices

Land registry data shows three sales for BRINDAVAN 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 BRINDAVAN 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
2006 3 OCT	£355,000	£246,206	44% above HPI
2005 15 MAR	£332,500	£233,021	43% above HPI
2002 12 JUN	£248,000	£158,650	56% above HPI

BRINDAVAN 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 BRINDAVAN sales between June 2002 and October 2006 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 March 2005 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2006 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might BRINDAVAN be worth now?

BRINDAVAN might now be worth an estimated £587,013.

This is based on house price inflation of 65.4%, between October 2006 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.4% inflationary increase is applied to the most recent sale price for BRINDAVAN of £355,000 on 3rd October 2006. For the value to have increased from £355,000 to £587,013 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of BRINDAVAN has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2006 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of BRINDAVAN has not materially changed since October 2006.

How Large is BRINDAVAN?

BRINDAVAN is 177m² according to the EPC inspection conducted in February 2018. This puts it in the largest 20% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where BRINDAVAN lies on this distribution: 85% of detached houses houses are smaller than BRINDAVAN, and 15% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

BRINDAVAN: Plot and Title Map

BRINDAVAN sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of BRINDAVAN, 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 BRINDAVAN). 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 BRINDAVAN?

BRINDAVAN is located on PEACOCK CLOSE in SHANKLIN, in the PO37 postcode district. The below map shows the position of BRINDAVAN on PEACOCK CLOSE.