THE BUNGALOW, PEACOCK CLOSE, SHANKLIN, PO37 6NB - £432,500

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

THE BUNGALOW is a midsized detached house of 106m², built sometime between 1976 and 1982. It was last sold for £432,500 in January 2020, which was around 30% above the average January 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW 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. The three THE BUNGALOW sales were a mix of above the average price, roughly equal to the average price, and 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
2020 10 JAN	£432,500	£331,916	30% above HPI
2017 12 JUN	£300,000	£301,002	Close to HPI
2002 25 OCT	£150,000	£178,593	16% below HPI

THE BUNGALOW 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 THE BUNGALOW sales between October 2002 and January 2020 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 June 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 106m² according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where THE BUNGALOW lies on this distribution: 50% of detached houses are smaller than THE BUNGALOW, and 50% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.178 of an acre, or 718m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on PEACOCK CLOSE in SHANKLIN, in the PO37 postcode district. The below map shows the position of THE BUNGALOW on PEACOCK CLOSE.