23, SILVER TREES, SHANKLIN, PO37 7ND - £125,000

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

23 SILVER TREES is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £125,000 in September 2002, which was around 29% below the average September 2002 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

23 SILVER TREES Sold Prices

Land registry data shows three sales for 23 SILVER TREES 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 23 SILVER TREES 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
2002 20 SEP	£125,000	£175,887	29% below HPI
2000 1 DEC	£95,000	£131,743	28% below HPI
1999 22 JAN	£79,500	£93,730	15% below HPI

23 SILVER TREES 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 23 SILVER TREES sales between January 1999 and September 2002 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 December 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2002 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 23 SILVER TREES?

23 SILVER TREES is 74m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 23 SILVER TREES lies on this distribution: 14% of detached houses are smaller than 23 SILVER TREES, and 84% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

23 SILVER TREES: Plot and Title Map

23 SILVER TREES sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 23 SILVER TREES, 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 23 SILVER TREES). 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 23 SILVER TREES?

23 SILVER TREES is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 23 on SILVER TREES.