CORNER HOUSE, PEACOCK CLOSE, SHANKLIN, PO37 6NB - £595,000

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

CORNER HOUSE is a very large detached house of 166m², built sometime between 2003 and 2006, which could now be worth an estimated £569,926. It was last sold for £595,000 in October 2022, which was around 40% above the average October 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

CORNER HOUSE Sold Prices

Land registry data shows three sales for CORNER HOUSE 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 CORNER 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
2022 12 OCT	£595,000	£425,027	40% above HPI
2011 1 JUN	£355,000	£245,935	44% above HPI
2009 28 AUG	£325,000	£230,629	41% above HPI

CORNER 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 three CORNER HOUSE sales between August 2009 and October 2022 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 June 2011 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might CORNER HOUSE be worth now?

CORNER HOUSE might now be worth an estimated £569,926.

This is based on house price deflation of 4.2%, between October 2022 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 4.2% deflationary decrease is applied to the most recent sale price for CORNER HOUSE of £595,000 on 12th October 2022. For the value to have decreased from £595,000 to £569,926 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of CORNER HOUSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2022 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of CORNER HOUSE has not materially changed since October 2022.

How Large is CORNER HOUSE?

CORNER HOUSE is 166m² according to the EPC inspection conducted in April 2022. 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 CORNER HOUSE lies on this distribution: 82% of detached houses houses are smaller than CORNER HOUSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

CORNER HOUSE: Plot and Title Map

CORNER HOUSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of CORNER 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 CORNER 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 CORNER HOUSE?

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