THE HOLLIES, WESTHILL ROAD, SHANKLIN, PO37 6PT - £210,000

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

THE HOLLIES is a very large extended detached house of 177m², built sometime between 1950 and 1966. It was last sold for £210,000 in January 2001, which was around 57% above the average January 2001 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 two sales for THE HOLLIES 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 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
2001 31 JAN	£210,000	£134,031	57% above HPI
1999 8 JUL	£162,000	£98,055	65% 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 two THE HOLLIES sales from July 1999 and January 2001 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 July 1999 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the January 2001 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

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 in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where THE HOLLIES lies on this distribution: 85% of detached 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 0.261 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.