32, SILVER TREES, SHANKLIN, PO37 7ND - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 SILVER TREES is a midsized detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £303,301. It was last sold for £180,000 in February 2012, which was around 26% below the average February 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

32 SILVER TREES Sold Prices

Land registry data shows four sales for 32 SILVER TREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 32 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
2012 21 FEB	£180,000	£241,611	26% below HPI
2006 31 AUG	£170,000	£241,028	29% below HPI
1998 12 MAY	£76,500	£83,633	9% below HPI
1997 18 APR	£67,500	£72,838	7% below HPI

32 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 four 32 SILVER TREES sales between April 1997 and February 2012 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 August 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2012 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 32 SILVER TREES be worth now?

32 SILVER TREES might now be worth an estimated £303,301.

This is based on house price inflation of 68.5%, between February 2012 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 68.5% inflationary increase is applied to the most recent sale price for 32 SILVER TREES of £180,000 on 21st February 2012. For the value to have increased from £180,000 to £303,301 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 32 SILVER TREES has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2012 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 32 SILVER TREES has not materially changed since February 2012.

How Large is 32 SILVER TREES?

32 SILVER TREES is 99m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 50% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where 32 SILVER TREES lies on this distribution: 43% of detached houses houses are smaller than 32 SILVER TREES, and 57% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

32 SILVER TREES: Plot and Title Map

32 SILVER TREES sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 32 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 32 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 32 SILVER TREES?

32 SILVER TREES is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 32 on SILVER TREES.