14, CEDAR DRIVE, SHANKLIN, PO37 7EN - £280,000

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.

14 CEDAR DRIVE is a very small extended detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £354,141. It was last sold for £280,000 in November 2019, which was around 13% below the average November 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

14 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 14 CEDAR DRIVE 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 14 CEDAR DRIVE 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
2019 15 NOV	£280,000	£321,884	13% below HPI
2019 15 APR	£195,000	£318,343	39% below HPI

14 CEDAR DRIVE 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 14 CEDAR DRIVE sales from April 2019 and November 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 April 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 14 CEDAR DRIVE be worth now?

14 CEDAR DRIVE might now be worth an estimated £354,141.

This is based on house price inflation of 26.5%, between November 2019 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 26.5% inflationary increase is applied to the most recent sale price for 14 CEDAR DRIVE of £280,000 on 15th November 2019. For the value to have increased from £280,000 to £354,141 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 CEDAR DRIVE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CEDAR DRIVE has not materially changed since November 2019.

How Large is 14 CEDAR DRIVE?

14 CEDAR DRIVE is 72m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 14 CEDAR DRIVE lies on this distribution: 13% of detached houses houses are smaller than 14 CEDAR DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

14 CEDAR DRIVE: Plot and Title Map

14 CEDAR DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 14 CEDAR DRIVE, 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 14 CEDAR DRIVE). 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 14 CEDAR DRIVE?

14 CEDAR DRIVE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 14 on CEDAR DRIVE.