31A, SILVER TREES, SHANKLIN, PO37 7ND - £232,500

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

31A SILVER TREES is a small extended detached house of 92m², built sometime from 2007 onwards. It was last sold for £232,500 in July 2017, which was around 23% below the average July 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

31A SILVER TREES Sold Prices

Land registry data shows five sales for 31A SILVER TREES 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 31A 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
2017 12 JUL	£232,500	£301,332	23% below HPI
2012 10 DEC	£187,500	£247,284	24% below HPI
2008 15 AUG	£203,000	£259,165	22% below HPI
2004 19 AUG	£175,000	£229,466	24% below HPI
1999 4 NOV	£89,950	£107,969	17% below HPI

31A 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 five 31A SILVER TREES sales between November 1999 and July 2017 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 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 31A SILVER TREES?

31A SILVER TREES is 92m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 31A SILVER TREES lies on this distribution: 36% of detached houses are smaller than 31A SILVER TREES, and 63% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

31A SILVER TREES: Plot and Title Map

31A SILVER TREES sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 31A 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 31A 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 31A SILVER TREES?

31A SILVER TREES is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 31A on SILVER TREES.