THE HOLLIES, WESTHILL ROAD, SHANKLIN, PO37 6PT - £605,245

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE HOLLIES is a very large extended detached house of 177m², built sometime between 1950 and 1966, which could now be worth an estimated £613,118. It was last sold for £605,245 in January 2025, which was around 51% above the average January 2025 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

THE HOLLIES Sold Prices

Land registry data shows three sales for THE HOLLIES 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 THE HOLLIES 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
2025 6 JAN	£605,245	£401,888	51% above HPI
2001 31 JAN	£210,000	£131,237	60% above HPI
1999 8 JUL	£162,000	£96,011	69% above HPI

THE HOLLIES 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 HOLLIES sales between July 1999 and January 2025 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 January 2001 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the January 2025 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might THE HOLLIES be worth now?

THE HOLLIES might now be worth an estimated £613,118.

This is based on house price inflation of 1.3%, between January 2025 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 1.3% inflationary increase is applied to the most recent sale price for THE HOLLIES of £605,245 on 6th January 2025. For the value to have increased from £605,245 to £613,118 over the eleven months to February 2025, the following assumptions must hold true:

• The value of THE HOLLIES has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2025 sale price of £605,245 represented a fair market value for the property.
• The size, condition, and specification of THE HOLLIES has not materially changed since January 2025.

How Large is THE HOLLIES?

THE HOLLIES is 177m², which includes one extension, according to the EPC inspection conducted in August 2024. 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 THE HOLLIES lies on this distribution: 85% of detached houses houses are smaller than THE HOLLIES, and 15% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.260 of an acre, or 1,054m². The below map shows the location of THE HOLLIES, 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 HOLLIES). 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 HOLLIES?

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