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

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

CORNER HOUSE is a very large detached house of 166m², built sometime between 2003 and 2006. It was last sold for £595,000 in October 2022, which was around 37% 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	£434,076	37% above HPI
2011 1 JUN	£355,000	£251,171	41% above HPI
2009 28 AUG	£325,000	£235,539	38% 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the October 2022 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

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 in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where CORNER HOUSE lies on this distribution: 82% of detached 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.