24, FIR TREE CLOSE, SHANKLIN, PO37 7EX - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 FIR TREE CLOSE is a small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £220,000 in September 2016, which was around 26% below the average September 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was F.

24 FIR TREE CLOSE Sold Prices

Land registry data shows two sales for 24 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 24 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
2016 13 SEP	£220,000	£295,772	26% below HPI
2012 27 JUL	£165,000	£258,114	36% below HPI

24 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 24 FIR TREE CLOSE sales from July 2012 and September 2016 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 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 24 FIR TREE CLOSE?

24 FIR TREE CLOSE is 72m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 24 FIR TREE CLOSE lies on this distribution: 34% of detached houses are smaller than 24 FIR TREE CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Sandown.

24 FIR TREE CLOSE: Plot and Title Map

24 FIR TREE CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 24 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 24 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 24 FIR TREE CLOSE?

24 FIR TREE CLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 24 on FIR TREE CLOSE.