CHINE HOUSE, CHINE AVENUE, SHANKLIN, PO37 6AQ - £635,000

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

CHINE HOUSE is a very large extended detached house of 226m², built sometime before 1900. It was last sold for £635,000 in February 2008, which was around 139% above the average February 2008 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

CHINE HOUSE Sold Prices

Land registry data shows two sales for CHINE HOUSE 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 CHINE HOUSE 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
2008 29 FEB	£635,000	£266,190	139% above HPI
2003 22 MAY	£475,000	£193,340	146% above HPI

CHINE HOUSE 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 CHINE HOUSE sales from May 2003 and February 2008 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 May 2003 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the February 2008 sale, where it falls to 139% above the HPI. The line then continues to track at 139% above the HPI.

How Large is CHINE HOUSE?

CHINE HOUSE is 226m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 CHINE HOUSE lies on this distribution: 94% of detached houses are smaller than CHINE HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

CHINE HOUSE: Plot and Title Map

CHINE HOUSE sits on a plot of roughly 0.539 of an acre, or 2,181m². The below map shows the location of CHINE HOUSE, 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 CHINE HOUSE). 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 CHINE HOUSE?

CHINE HOUSE is located on CHINE AVENUE in SHANKLIN, in the PO37 postcode district. The below map shows the position of CHINE HOUSE on CHINE AVENUE.