TAY LODGE, LUCCOMBE ROAD, SHANKLIN, PO37 6RQ - £473,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TAY LODGE is a very large detached house of 194m², built sometime between 1976 and 1982, which could now be worth an estimated £637,547. It was last sold for £473,000 in April 2018, which was around 57% above the average April 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

TAY LODGE Sold Prices

Land registry data shows three sales for TAY LODGE 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 TAY 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 11 APR	£473,000	£302,042	57% above HPI
2002 31 OCT	£275,000	£174,870	57% above HPI
1997 26 AUG	£150,000	£78,315	92% above HPI

TAY 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 three TAY LODGE sales between August 1997 and April 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 October 2002 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the April 2018 sale, which was also at 57% above the HPI.

What might TAY LODGE be worth now?

TAY LODGE might now be worth an estimated £637,547.

This is based on house price inflation of 34.8%, between April 2018 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.8% inflationary increase is applied to the most recent sale price for TAY LODGE of £473,000 on 11th April 2018. For the value to have increased from £473,000 to £637,547 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of TAY LODGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2018 sale price of £473,000 represented a fair market value for the property.
• The size, condition, and specification of TAY LODGE has not materially changed since April 2018.

How Large is TAY LODGE?

TAY LODGE is 194m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where TAY LODGE lies on this distribution: 88% of detached houses houses are smaller than TAY LODGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

TAY LODGE: Plot and Title Map

TAY LODGE sits on a plot of roughly 0.298 of an acre, or 1,207m². The below map shows the location of TAY 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 TAY 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 TAY LODGE?

TAY LODGE is located on LUCCOMBE ROAD in SHANKLIN, in the PO37 postcode district. The below map shows the position of TAY LODGE on LUCCOMBE ROAD.