46, SILVER TREES, SHANKLIN, PO37 7ND - £329,000

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

46 SILVER TREES is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £329,000 in August 2017, which was around 8% above the average August 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

46 SILVER TREES Sold Prices

Land registry data shows two sales for 46 SILVER TREES 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. One of the two 46 SILVER TREES sales was for above the average price, whilst the other was 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 11 AUG	£329,000	£303,260	8% above HPI
1997 23 MAY	£75,500	£76,595	1% below HPI

46 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 two 46 SILVER TREES sales from May 1997 and August 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 May 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 46 SILVER TREES?

46 SILVER TREES is 74m² according to the EPC inspection conducted in March 2016. 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 46 SILVER TREES lies on this distribution: 14% of detached houses are smaller than 46 SILVER TREES, and 84% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

46 SILVER TREES: Plot and Title Map

46 SILVER TREES sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 46 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 46 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 46 SILVER TREES?

46 SILVER TREES is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 46 on SILVER TREES.