LITTLE GARTH, WESTHILL ROAD, SHANKLIN, PO37 6PY - £375,000

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

LITTLE GARTH is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £375,000 in November 2023, which was around 11% below the average November 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

LITTLE GARTH Sold Prices

Land registry data shows three sales for LITTLE GARTH 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 LITTLE GARTH sales were for below 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
2023 1 NOV	£375,000	£419,588	11% below HPI
2020 15 MAY	£215,000	£332,408	35% below HPI
2003 11 JUN	£94,000	£200,475	53% below HPI

LITTLE GARTH 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 LITTLE GARTH sales between June 2003 and November 2023 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 May 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is LITTLE GARTH?

LITTLE GARTH is 70m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 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 LITTLE GARTH lies on this distribution: 11% of detached houses are smaller than LITTLE GARTH, and 89% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

LITTLE GARTH: Plot and Title Map

LITTLE GARTH sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of LITTLE GARTH, 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 LITTLE GARTH). 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 LITTLE GARTH?

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