24, NINHAM CLOSE, SHANKLIN, PO37 7EP - £287,500

24 NINHAM CLOSE is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £287,500 in December 2021, which was around 29% below the average December 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

24 NINHAM CLOSE Sold Prices

Land registry data shows two sales for 24 NINHAM CLOSE 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 24 NINHAM CLOSE 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
2021 16 DEC	£287,500	£402,556	29% below HPI
2007 22 MAY	£220,000	£259,555	15% below HPI

24 NINHAM CLOSE 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 24 NINHAM CLOSE sales from May 2007 and December 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 May 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 24 NINHAM CLOSE?

24 NINHAM CLOSE is 65m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 24 NINHAM CLOSE lies on this distribution: 5% of detached houses are smaller than 24 NINHAM CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

24 NINHAM CLOSE: Plot and Title Map

24 NINHAM CLOSE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 24 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 24 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 24 NINHAM CLOSE?

24 NINHAM CLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 24 on NINHAM CLOSE.