16, FIR TREE CLOSE, SHANKLIN, PO37 7EX - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 FIR TREE CLOSE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £205,000 in January 2012, which was around 18% below the average January 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

16 FIR TREE CLOSE Sold Prices

Land registry data shows three sales for 16 FIR TREE CLOSE 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 16 FIR TREE 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
2012 11 JAN	£205,000	£250,252	18% below HPI
2009 21 MAY	£175,000	£234,088	25% below HPI
2000 20 APR	£88,000	£114,538	23% below HPI

16 FIR TREE 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 three 16 FIR TREE CLOSE sales between April 2000 and January 2012 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 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2012 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 FIR TREE CLOSE?

16 FIR TREE CLOSE is 63m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 16 FIR TREE CLOSE lies on this distribution: 15% of detached houses are smaller than 16 FIR TREE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sandown.

16 FIR TREE CLOSE: Plot and Title Map

16 FIR TREE CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 16 FIR TREE 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 16 FIR TREE 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 16 FIR TREE CLOSE?

16 FIR TREE CLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 16 on FIR TREE CLOSE.