2A, DRACAENA GARDENS, SHANKLIN, PO37 7JQ - £280,000

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

2A DRACAENA GARDENS is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £280,000 in December 2021, which was around 30% below the average December 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

2A DRACAENA GARDENS Sold Prices

Land registry data shows five sales for 2A DRACAENA GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 2A DRACAENA GARDENS 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
2021 13 DEC	£280,000	£402,556	30% below HPI
2014 16 SEP	£182,000	£265,971	32% below HPI
2012 21 FEB	£144,000	£246,754	42% below HPI
2002 22 NOV	£132,000	£183,809	28% below HPI
2002 19 APR	£90,000	£153,434	41% below HPI

2A DRACAENA GARDENS 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 five 2A DRACAENA GARDENS sales between April 2002 and December 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 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2A DRACAENA GARDENS?

2A DRACAENA GARDENS is 59m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 2A DRACAENA GARDENS lies on this distribution: 2% of detached houses are smaller than 2A DRACAENA GARDENS, and 98% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

2A DRACAENA GARDENS: Plot and Title Map

2A DRACAENA GARDENS sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 2A DRACAENA GARDENS, 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 2A DRACAENA GARDENS). 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 2A DRACAENA GARDENS?

2A DRACAENA GARDENS is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 2A on DRACAENA GARDENS.