PARKVIEW, RECTORY ROAD, SHANKLIN, PO37 6NX - £445,000

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

PARKVIEW is a large extended detached house of 143m², built sometime from 2007 onwards. It was last sold for £445,000 in August 2021, which was around 21% above the average August 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

PARKVIEW Sold Prices

Land registry data shows two sales for PARKVIEW 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 PARKVIEW 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
2021 27 AUG	£445,000	£368,139	21% above HPI
2017 5 APR	£360,000	£299,614	20% above HPI

PARKVIEW 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 PARKVIEW sales from April 2017 and August 2021 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 April 2017 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is PARKVIEW?

PARKVIEW is 143m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where PARKVIEW lies on this distribution: 73% of detached houses are smaller than PARKVIEW, and 27% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

PARKVIEW: Plot and Title Map

PARKVIEW sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of PARKVIEW, 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 PARKVIEW). 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 PARKVIEW?

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