DOWNS VIEW, WESTHILL ROAD, SHANKLIN, PO37 6PT - £449,000

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

DOWNS VIEW is a large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £449,000 in August 2019, which was around 38% above the average August 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was C.

DOWNS VIEW Sold Prices

Land registry data shows two sales for DOWNS VIEW 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 DOWNS VIEW 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
2019 22 AUG	£449,000	£326,313	38% above HPI
2014 24 MAR	£292,000	£260,541	12% above HPI

DOWNS VIEW 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 DOWNS VIEW sales from March 2014 and August 2019 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 March 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2019 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is DOWNS VIEW?

DOWNS VIEW is 135m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where DOWNS VIEW lies on this distribution: 69% of detached houses are smaller than DOWNS VIEW, and 31% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

DOWNS VIEW: Plot and Title Map

DOWNS VIEW sits on a plot of roughly 0.235 of an acre, or 950m². The below map shows the location of DOWNS VIEW, 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 DOWNS VIEW). 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 DOWNS VIEW?

DOWNS VIEW is located on WESTHILL ROAD in SHANKLIN, in the PO37 postcode district. The below map shows the position of DOWNS VIEW on WESTHILL ROAD.