13, DRACAENA GARDENS, SHANKLIN, PO37 7JQ - £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.

13 DRACAENA GARDENS is a very small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £313,845. It was last sold for £250,000 in February 2020, which was around 23% below the average February 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

13 DRACAENA GARDENS Sold Prices

Land registry data shows three sales for 13 DRACAENA GARDENS 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 13 DRACAENA GARDENS 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
2020 25 FEB	£250,000	£324,297	23% below HPI
2012 5 SEP	£182,500	£250,626	27% below HPI
2011 9 DEC	£135,000	£248,353	46% below HPI

13 DRACAENA GARDENS 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 13 DRACAENA GARDENS sales between December 2011 and February 2020 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 September 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 13 DRACAENA GARDENS be worth now?

13 DRACAENA GARDENS might now be worth an estimated £313,845.

This is based on house price inflation of 25.5%, between February 2020 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 25.5% inflationary increase is applied to the most recent sale price for 13 DRACAENA GARDENS of £250,000 on 25th February 2020. For the value to have increased from £250,000 to £313,845 over the five years to February 2025, the following assumptions must hold true:

• The value of 13 DRACAENA GARDENS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 13 DRACAENA GARDENS has not materially changed since February 2020.

How Large is 13 DRACAENA GARDENS?

13 DRACAENA GARDENS is 73m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 13 DRACAENA GARDENS lies on this distribution: 14% of detached houses houses are smaller than 13 DRACAENA GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

13 DRACAENA GARDENS: Plot and Title Map

13 DRACAENA GARDENS sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 13 DRACAENA GARDENS, 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 13 DRACAENA GARDENS). 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 13 DRACAENA GARDENS?

13 DRACAENA GARDENS is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 13 on DRACAENA GARDENS.