FERNDOWN, PRIORY ROAD, SHANKLIN, PO37 6RE - £500,000

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

FERNDOWN is a very large detached house of 182m², built sometime between 1983 and 1990. It was last sold for £500,000 in August 2015, which was around 79% above the average August 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was C.

FERNDOWN Sold Prices

Land registry data shows two sales for FERNDOWN 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 FERNDOWN 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
2015 21 AUG	£500,000	£279,826	79% above HPI
2000 6 OCT	£315,000	£127,735	147% above HPI

FERNDOWN 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 FERNDOWN sales from October 2000 and August 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 October 2000 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the August 2015 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is FERNDOWN?

FERNDOWN is 182m² according to the EPC inspection conducted in February 2015. 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 FERNDOWN lies on this distribution: 86% of detached houses are smaller than FERNDOWN, and 14% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

FERNDOWN: Plot and Title Map

FERNDOWN sits on a plot of roughly 0.203 of an acre, or 822m². The below map shows the location of FERNDOWN, 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 FERNDOWN). 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 FERNDOWN?

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