16, NINHAM CLOSE, SHANKLIN, PO37 7EP - £250,000

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.

16 NINHAM CLOSE is a midsized extended semi-detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £327,548. It was last sold for £250,000 in February 2019, which was around 15% above the average February 2019 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

16 NINHAM CLOSE Sold Prices

Land registry data shows two sales for 16 NINHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 16 NINHAM CLOSE 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
2019 11 FEB	£250,000	£217,655	15% above HPI
2001 8 JAN	£85,000	£84,325	1% above HPI

16 NINHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 16 NINHAM CLOSE sales from January 2001 and February 2019 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 16 NINHAM CLOSE be worth now?

16 NINHAM CLOSE might now be worth an estimated £327,548.

This is based on house price inflation of 31%, between February 2019 and February 2025, for semi-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 31% inflationary increase is applied to the most recent sale price for 16 NINHAM CLOSE of £250,000 on 11th February 2019. For the value to have increased from £250,000 to £327,548 over the six years to February 2025, the following assumptions must hold true:

• The value of 16 NINHAM CLOSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The February 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NINHAM CLOSE has not materially changed since February 2019.

How Large is 16 NINHAM CLOSE?

16 NINHAM CLOSE is 112m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of semi-detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shanklin, and where 16 NINHAM CLOSE lies on this distribution: 54% of semi-detached houses houses are smaller than 16 NINHAM CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

16 NINHAM CLOSE: Plot and Title Map

16 NINHAM CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 16 NINHAM CLOSE, 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 16 NINHAM CLOSE). 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 16 NINHAM CLOSE?

16 NINHAM CLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 16 on NINHAM CLOSE.