16, STEEPHILL ROAD, SHANKLIN, PO37 6AB - £230,000

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.

16 STEEPHILL ROAD is a midsized detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £317,094. It was last sold for £230,000 in May 2017, which was around 22% below the average May 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

16 STEEPHILL ROAD Sold Prices

Land registry data shows two sales for 16 STEEPHILL ROAD 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 16 STEEPHILL ROAD 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
2017 5 MAY	£230,000	£295,296	22% below HPI
2004 23 JUL	£187,000	£219,930	15% below HPI

16 STEEPHILL ROAD 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 16 STEEPHILL ROAD sales from July 2004 and May 2017 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 July 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 16 STEEPHILL ROAD be worth now?

16 STEEPHILL ROAD might now be worth an estimated £317,094.

This is based on house price inflation of 37.9%, between May 2017 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 37.9% inflationary increase is applied to the most recent sale price for 16 STEEPHILL ROAD of £230,000 on 5th May 2017. For the value to have increased from £230,000 to £317,094 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 16 STEEPHILL ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 16 STEEPHILL ROAD has not materially changed since May 2017.

How Large is 16 STEEPHILL ROAD?

16 STEEPHILL ROAD is 103m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% 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 16 STEEPHILL ROAD lies on this distribution: 48% of detached houses houses are smaller than 16 STEEPHILL ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

16 STEEPHILL ROAD: Plot and Title Map

16 STEEPHILL ROAD sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 16 STEEPHILL ROAD, 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 STEEPHILL ROAD). 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 STEEPHILL ROAD?

16 STEEPHILL ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 16 on STEEPHILL ROAD.