DOWNDALE LODGE, PRIORY ROAD, SHANKLIN, PO37 6SA - £845,000

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

DOWNDALE LODGE is a very large detached house of 313m², built sometime before 1900. It was last sold for £845,000 in August 2020, which was around 149% above the average August 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

DOWNDALE LODGE Sold Prices

Land registry data shows three sales for DOWNDALE LODGE 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 DOWNDALE LODGE 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
2020 26 AUG	£845,000	£339,761	149% above HPI
2006 1 DEC	£650,000	£253,266	157% above HPI
1998 7 SEP	£115,000	£92,265	25% above HPI

DOWNDALE LODGE 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 DOWNDALE LODGE sales between September 1998 and August 2020 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 December 2006 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the August 2020 sale, where it falls to 149% above the HPI. The line then continues to track at 149% above the HPI.

How Large is DOWNDALE LODGE?

DOWNDALE LODGE is 313m² according to the EPC inspection conducted in May 2018. 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 DOWNDALE LODGE lies on this distribution: 98% of detached houses are smaller than DOWNDALE LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

DOWNDALE LODGE: Plot and Title Map

DOWNDALE LODGE sits on a plot of roughly 0.448 of an acre, or 1,815m². The below map shows the location of DOWNDALE LODGE, 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 DOWNDALE LODGE). 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 DOWNDALE LODGE?

DOWNDALE LODGE is located on PRIORY ROAD in SHANKLIN, in the PO37 postcode district. The below map shows the position of DOWNDALE LODGE on PRIORY ROAD.