PENN, WESTHILL ROAD, SHANKLIN, PO37 6PT - £320,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

PENN is a very small semi-detached house of 70m², built sometime between 1950 and 1966. It was last sold for £320,000 in September 2021, which was around 14% below the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was C.

PENN Sold Prices

Land registry data shows four sales for PENN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the four PENN 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
2021 30 SEP	£320,000	£372,037	14% below HPI
2000 1 SEP	£127,000	£126,104	1% above HPI
1998 30 APR	£82,000	£84,592	3% below HPI
1996 10 MAY	£65,000	£69,152	6% below HPI

PENN 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 four PENN sales between May 1996 and September 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 September 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is PENN?

PENN is 70m² according to the EPC inspection conducted in October 2020. 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 PENN lies on this distribution: 11% of detached houses are smaller than PENN, and 89% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

PENN: Plot and Title Map

PENN sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of PENN, 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 PENN). 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 PENN?

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