1, THE LIMES, SHANKLIN, PO37 6SB - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 THE LIMES is a very large extended detached house of 194m², built sometime between 1996 and 2002, which could now be worth an estimated £720,553. It was last sold for £675,000 in June 2021, which was around 87% above the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

1 THE LIMES Sold Prices

Land registry data shows three sales for 1 THE LIMES 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 1 THE LIMES 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
2021 29 JUN	£675,000	£361,764	87% above HPI
2015 21 DEC	£535,000	£280,681	91% above HPI
2001 30 MAR	£225,000	£130,385	73% above HPI

1 THE LIMES 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 1 THE LIMES sales between March 2001 and June 2021 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 December 2015 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the June 2021 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might 1 THE LIMES be worth now?

1 THE LIMES might now be worth an estimated £720,553.

This is based on house price inflation of 6.7%, between June 2021 and June 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 6.7% inflationary increase is applied to the most recent sale price for 1 THE LIMES of £675,000 on 29th June 2021. For the value to have increased from £675,000 to £720,553 over the four years to June 2025, the following assumptions must hold true:

• The value of 1 THE LIMES has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2021 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE LIMES has not materially changed since June 2021.

How Large is 1 THE LIMES?

1 THE LIMES is 194m², which includes one extension, according to the EPC inspection conducted in April 2015. 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 1 THE LIMES lies on this distribution: 89% of detached houses houses are smaller than 1 THE LIMES, and 11% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

1 THE LIMES: Plot and Title Map

1 THE LIMES sits on a plot of roughly 0.200 of an acre, or 810m². The below map shows the location of 1 THE LIMES, 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 1 THE LIMES). 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 1 THE LIMES?

1 THE LIMES is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 1 on THE LIMES.