23, VAUGHAN WAY, SHANKLIN, PO37 6SD - £460,000

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.

23 VAUGHAN WAY is a very large extended detached house of 253m², built sometime between 2003 and 2006, which could now be worth an estimated £785,404. It was last sold for £460,000 in October 2005, which was around 93% above the average October 2005 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

23 VAUGHAN WAY Sold Prices

Land registry data shows two sales for 23 VAUGHAN WAY 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. One of the two 23 VAUGHAN WAY sales was for above the average price, whilst the other was 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
2005 26 OCT	£460,000	£238,442	93% above HPI
1999 8 DEC	£104,000	£105,930	2% below HPI

23 VAUGHAN WAY 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 23 VAUGHAN WAY sales from December 1999 and October 2005 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 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2005 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 23 VAUGHAN WAY be worth now?

23 VAUGHAN WAY might now be worth an estimated £785,404.

This is based on house price inflation of 70.7%, between October 2005 and February 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 70.7% inflationary increase is applied to the most recent sale price for 23 VAUGHAN WAY of £460,000 on 26th October 2005. For the value to have increased from £460,000 to £785,404 over the twenty years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 VAUGHAN WAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2005 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 23 VAUGHAN WAY has not materially changed since October 2005.

How Large is 23 VAUGHAN WAY?

23 VAUGHAN WAY is 253m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% 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 23 VAUGHAN WAY lies on this distribution: 96% of detached houses houses are smaller than 23 VAUGHAN WAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

23 VAUGHAN WAY: Plot and Title Map

23 VAUGHAN WAY sits on a plot of roughly 0.297 of an acre, or 1,200m². The below map shows the location of 23 VAUGHAN WAY, 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 23 VAUGHAN WAY). 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 23 VAUGHAN WAY?

23 VAUGHAN WAY is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 23 on VAUGHAN WAY.