THE SHIRE, MAIN ROAD, ROOKLEY, VENTNOR, PO38 3NQ - £260,000

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 SHIRE is a midsized detached house of 103m², built sometime between 1967 and 1975. It was last sold for £260,000 in November 2015, which was around 9% below the average November 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

THE SHIRE Sold Prices

Land registry data shows four sales for THE SHIRE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. two of the four THE SHIRE sales were for below the average price, and four 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
2015 19 NOV	£260,000	£286,145	9% below HPI
2012 1 MAY	£259,000	£254,049	2% above HPI
2004 30 JUL	£242,500	£224,612	8% above HPI
1998 17 NOV	£82,000	£95,045	14% below HPI

THE SHIRE 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 four THE SHIRE sales between November 1998 and November 2015 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 May 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is THE SHIRE?

THE SHIRE is 103m² according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses in Rookley, based on EPC data. The below chart shows the distribution of detached houses by size in Rookley, and where THE SHIRE lies on this distribution: 51% of detached houses are smaller than THE SHIRE, and 49% of houses are larger. Note that EPC data is not available for all properties in Rookley.

THE SHIRE: Plot and Title Map

THE SHIRE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of THE SHIRE, 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 SHIRE). 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 SHIRE?

THE SHIRE is located on MAIN ROAD in ROOKLEY, in the PO38 postcode district. The below map shows the position of THE SHIRE on MAIN ROAD.