18, FURZE HILL ROAD, SHANKLIN, PO37 7PA - £477,500

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.

18 FURZE HILL ROAD is a very large extended detached house of 167m², built sometime between 1930 and 1949, which could now be worth an estimated £538,304. It was last sold for £477,500 in April 2021, which was around 34% above the average April 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was C.

18 FURZE HILL ROAD Sold Prices

Land registry data shows three sales for 18 FURZE HILL ROAD 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 18 FURZE HILL ROAD sales were for above 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
2021 13 APR	£477,500	£357,207	34% above HPI
2010 10 SEP	£300,000	£255,280	18% above HPI
1998 28 SEP	£130,000	£90,341	44% above HPI

18 FURZE HILL 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 three 18 FURZE HILL ROAD sales between September 1998 and April 2021 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 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 18 FURZE HILL ROAD be worth now?

18 FURZE HILL ROAD might now be worth an estimated £538,304.

This is based on house price inflation of 12.7%, between April 2021 and March 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 12.7% inflationary increase is applied to the most recent sale price for 18 FURZE HILL ROAD of £477,500 on 13th April 2021. For the value to have increased from £477,500 to £538,304 over the four years and one month to March 2025, the following assumptions must hold true:

• The value of 18 FURZE HILL ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2021 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of 18 FURZE HILL ROAD has not materially changed since April 2021.

How Large is 18 FURZE HILL ROAD?

18 FURZE HILL ROAD is 167m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 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 18 FURZE HILL ROAD lies on this distribution: 82% of detached houses houses are smaller than 18 FURZE HILL ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

18 FURZE HILL ROAD: Plot and Title Map

18 FURZE HILL ROAD sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 18 FURZE HILL 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 18 FURZE HILL 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 18 FURZE HILL ROAD?

18 FURZE HILL ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 18 on FURZE HILL ROAD.