THE SNUG, POPHAM ROAD, SHANKLIN, PO37 6RF - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE SNUG is a large detached house of 122m², built sometime from 2007 onwards. It was last sold for £370,000 in August 2022, which was around 13% below the average August 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

THE SNUG Sold Prices

Land registry data shows two sales for THE SNUG 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 SNUG sales were for 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
2022 24 AUG	£370,000	£425,763	13% below HPI
2015 10 SEP	£260,000	£284,054	8% below HPI

THE SNUG 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 SNUG sales from September 2015 and August 2022 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 September 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is THE SNUG?

THE SNUG is 122m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% 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 SNUG lies on this distribution: 61% of detached houses are smaller than THE SNUG, and 38% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

THE SNUG: Plot and Title Map

THE SNUG sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of THE SNUG, 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 SNUG). 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 SNUG?

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