SUMMER BREEZE LODGE, UPPER HYDE FARM LANE, SHANKLIN, PO37 7PS - £570,000

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

SUMMER BREEZE LODGE is a very large extended detached house of 257m², built sometime between 1991 and 1995. It was last sold for £570,000 in January 2018, which was around 86% above the average January 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

SUMMER BREEZE LODGE Sold Prices

Land registry data shows two sales for SUMMER BREEZE LODGE 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 SUMMER BREEZE LODGE 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
2018 19 JAN	£570,000	£305,686	86% above HPI
2012 7 DEC	£455,000	£247,284	84% above HPI

SUMMER BREEZE LODGE 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 SUMMER BREEZE LODGE sales from December 2012 and January 2018 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 December 2012 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the January 2018 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is SUMMER BREEZE LODGE?

SUMMER BREEZE LODGE is 257m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where SUMMER BREEZE LODGE lies on this distribution: 96% of detached houses are smaller than SUMMER BREEZE LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

SUMMER BREEZE LODGE: Plot and Title Map

SUMMER BREEZE LODGE sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of SUMMER BREEZE LODGE, 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 SUMMER BREEZE LODGE). 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 SUMMER BREEZE LODGE?

SUMMER BREEZE LODGE is located on UPPER HYDE FARM LANE in SHANKLIN, in the PO37 postcode district. The below map shows the position of SUMMER BREEZE LODGE on UPPER HYDE FARM LANE.