5 Lark Rise, Shanklin, PO37 7HB is a freehold semi-detached property built between 1976-1982. The property offers approximately 624 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £274,807 , which equates to approximately £440 per square foot. It was last sold on 17 Nov 2022 for £295,000. Since then, the value has decreased by £20,193, representing a 6.8% decrease, or approximately 2.2% per year.

The current estimated value of £274,807 is:

  • 24.0% lower than the average property price on Lark Rise
  • 30.2% lower than the average in the PO37 7HB postcode area
  • and 8.5% lower than the average price for Shanklin as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 8 June 2022, the property was recorded as owner-occupied.

View sold house prices in PO37 7HB

Building approximate location

About Property

Type
Detached Bungalow
Built
1976-1982
Interior Size
624 sq ft
Tenure
Freehold
Price (estimate)
£274,807
Price Per sq ft (estimate)
£440
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 Lark Rise, Shanklin, Isle Of Wight, PO37 7HB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 8 Jun 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Jul 2010. The rating of D is unchanged, though the energy efficiency score decreased by 7.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from very good to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£274,807
streetscan.co.uk estimate
-7 %
17 Nov 2022
£295,000
Leasehold
+15.7 %
19 Jul 2019
£255,000
Leasehold
+45.7 %
22 Sep 2010
£175,000
Leasehold

Area Insights

Nearby Properties

rooms: 7
size: 1475 sq ft
sale price: £345,000
sale date: 28 Mar 2018
rooms: 3
size: 603 sq ft
sale price: £195,000
sale date: 16 Jul 2012
rooms: 6
size: 1378 sq ft
sale price: £295,000
sale date: 14 May 2015
rooms: 4
size: 786 sq ft
sale price: £77,000
sale date: 11 Oct 1996
rooms: 5
size: 893 sq ft
sale price: £320,000
sale date: 27 Nov 2019

Data Sources

The property at 5 Lark Rise, Shanklin, PO37 7HB appears three times in the Land Registry records, with the latest transaction recorded on 17 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jun 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.