MACHOZ, CLIFF BRIDGE, SHANKLIN, PO37 6QJ - £238,000

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

MACHOZ is a large detached house of 122m², built sometime between 1930 and 1949. It was last sold for £238,000 in March 2015, which was around 8% below the average March 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was A.

MACHOZ Sold Prices

Land registry data shows three sales for MACHOZ 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. Two of the three MACHOZ sales were for below the average price, whilst one was 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 3 MAR	£238,000	£259,833	8% below HPI
2002 29 NOV	£192,000	£183,809	4% above HPI
2001 25 JUN	£123,000	£134,781	9% below HPI

MACHOZ 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 MACHOZ sales between June 2001 and March 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 November 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is MACHOZ?

MACHOZ is 122m² according to the EPC inspection conducted in October 2015. 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 MACHOZ lies on this distribution: 61% of detached houses are smaller than MACHOZ, and 39% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

MACHOZ: Plot and Title Map

MACHOZ sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of MACHOZ, 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 MACHOZ). 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 MACHOZ?

MACHOZ is located on CLIFF BRIDGE in SHANKLIN, in the PO37 postcode district. The below map shows the position of MACHOZ on CLIFF BRIDGE.