2, BEECH TREE DRIVE, SHANKLIN, PO37 7DS - £349,950

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

2 BEECH TREE DRIVE is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £349,950 in December 2020, which was around 5% below the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

2 BEECH TREE DRIVE Sold Prices

Land registry data shows six sales for 2 BEECH TREE DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the six 2 BEECH TREE DRIVE 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
2020 2 DEC	£349,950	£368,126	5% below HPI
2017 7 NOV	£300,000	£308,199	3% below HPI
2000 30 AUG	£155,250	£124,724	24% above HPI
1998 7 JUL	£112,000	£88,381	27% above HPI
1996 26 JAN	£96,000	£71,649	34% above HPI
1995 6 MAR	£95,000	£68,969	38% above HPI

2 BEECH TREE 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 six 2 BEECH TREE DRIVE sales between March 1995 and December 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 November 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 BEECH TREE DRIVE?

2 BEECH TREE DRIVE is 113m² according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 2 BEECH TREE DRIVE lies on this distribution: 54% of detached houses are smaller than 2 BEECH TREE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

2 BEECH TREE DRIVE: Plot and Title Map

2 BEECH TREE DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 2 BEECH TREE 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 2 BEECH TREE 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 2 BEECH TREE DRIVE?

2 BEECH TREE DRIVE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 2 on BEECH TREE DRIVE.