BROOKLYN, WHITECROSS LANE, SHANKLIN, PO37 7EJ - £365,000

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

BROOKLYN is a large detached house of 127m², built sometime between 1930 and 1949. It was last sold for £365,000 in June 2024, which was around 11% below the average June 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

BROOKLYN Sold Prices

Land registry data shows two sales for BROOKLYN 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 BROOKLYN 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
2024 14 JUN	£365,000	£410,055	11% below HPI
2016 25 NOV	£285,000	£290,578	2% below HPI

BROOKLYN 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 BROOKLYN sales from November 2016 and June 2024 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 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is BROOKLYN?

BROOKLYN is 127m² according to the EPC inspection conducted in June 2016. 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 BROOKLYN lies on this distribution: 65% of detached houses are smaller than BROOKLYN, and 34% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

BROOKLYN: Plot and Title Map

BROOKLYN sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of BROOKLYN, 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 BROOKLYN). 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 BROOKLYN?

BROOKLYN is located on WHITECROSS LANE in SHANKLIN, in the PO37 postcode district. The below map shows the position of BROOKLYN on WHITECROSS LANE.