CORBIERE, UPPER HYDE FARM LANE, SHANKLIN, PO37 7PS - £230,000

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

CORBIERE is a midsized extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £230,000 in September 2015, which was around 19% below the average September 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

CORBIERE Sold Prices

Land registry data shows two sales for CORBIERE 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. One of the two CORBIERE sales was for below the average price, whilst the other was 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 SEP	£230,000	£284,054	19% below HPI
1997 20 MAY	£85,500	£76,595	12% above HPI

CORBIERE 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 CORBIERE sales from May 1997 and September 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 May 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is CORBIERE?

CORBIERE is 101m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 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 CORBIERE lies on this distribution: 46% of detached houses are smaller than CORBIERE, and 54% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

CORBIERE: Plot and Title Map

CORBIERE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of CORBIERE, 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 CORBIERE). 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 CORBIERE?

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