5, DRACAENA GARDENS, SHANKLIN, PO37 7JQ - £78,500

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

5 DRACAENA GARDENS is a midsized detached house of 101m², built sometime between 1930 and 1949. It was last sold for £78,500 in July 1998, which was around 11% below the average July 1998 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

5 DRACAENA GARDENS Sold Prices

Land registry data shows two sales for 5 DRACAENA GARDENS 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 5 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
1998 13 JUL	£78,500	£88,381	11% below HPI
1996 31 MAY	£59,995	£69,152	13% below HPI

5 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 two 5 DRACAENA GARDENS sales from May 1996 and July 1998 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 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 1998 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 DRACAENA GARDENS?

5 DRACAENA GARDENS is 101m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 5 DRACAENA GARDENS lies on this distribution: 46% of detached houses are smaller than 5 DRACAENA GARDENS, and 54% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

5 DRACAENA GARDENS: Plot and Title Map

5 DRACAENA GARDENS sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 5 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 5 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 5 DRACAENA GARDENS?

5 DRACAENA GARDENS is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 5 on DRACAENA GARDENS.