22, FIR TREE CLOSE, SHANKLIN, PO37 7EX - £292,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 FIR TREE CLOSE is a small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £298,811. It was last sold for £292,000 in November 2024, which was around 27% below the average November 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

22 FIR TREE CLOSE Sold Prices

Land registry data shows two sales for 22 FIR TREE CLOSE 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 22 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
2024 15 NOV	£292,000	£397,836	27% below HPI
1999 8 OCT	£85,000	£103,224	18% below HPI

22 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 two 22 FIR TREE CLOSE sales from October 1999 and November 2024 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 October 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 22 FIR TREE CLOSE be worth now?

22 FIR TREE CLOSE might now be worth an estimated £298,811.

This is based on house price inflation of 2.3%, between November 2024 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 2.3% inflationary increase is applied to the most recent sale price for 22 FIR TREE CLOSE of £292,000 on 15th November 2024. For the value to have increased from £292,000 to £298,811 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 22 FIR TREE CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2024 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 22 FIR TREE CLOSE has not materially changed since November 2024.

How Large is 22 FIR TREE CLOSE?

22 FIR TREE CLOSE is 67m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% of detached houses houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandown, and where 22 FIR TREE CLOSE lies on this distribution: 21% of detached houses houses are smaller than 22 FIR TREE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Sandown.

22 FIR TREE CLOSE: Plot and Title Map

22 FIR TREE CLOSE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 22 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 22 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 22 FIR TREE CLOSE?

22 FIR TREE CLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 22 on FIR TREE CLOSE.