7, BEECH TREE DRIVE, SHANKLIN, PO37 7DS - £310,200

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.

7 BEECH TREE DRIVE is a midsized detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £407,672. It was last sold for £310,200 in August 2018, which was about the average August 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

7 BEECH TREE DRIVE Sold Prices

Land registry data shows two sales for 7 BEECH TREE DRIVE 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 7 BEECH TREE DRIVE sales was roughly equal to the average price, whilst the other was for above 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
2018 31 AUG	£310,200	£309,777	Close to HPI
2007 21 AUG	£295,000	£257,781	14% above HPI

7 BEECH TREE DRIVE 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 7 BEECH TREE DRIVE sales from August 2007 and August 2018 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 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 7 BEECH TREE DRIVE be worth now?

7 BEECH TREE DRIVE might now be worth an estimated £407,672.

This is based on house price inflation of 31.4%, between August 2018 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 31.4% inflationary increase is applied to the most recent sale price for 7 BEECH TREE DRIVE of £310,200 on 31st August 2018. For the value to have increased from £310,200 to £407,672 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 7 BEECH TREE DRIVE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2018 sale price of £310,200 represented a fair market value for the property.
• The size, condition, and specification of 7 BEECH TREE DRIVE has not materially changed since August 2018.

How Large is 7 BEECH TREE DRIVE?

7 BEECH TREE DRIVE is 116m² according to the EPC inspection conducted in May 2018. This puts it in the largest 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 7 BEECH TREE DRIVE lies on this distribution: 56% of detached houses houses are smaller than 7 BEECH TREE DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

7 BEECH TREE DRIVE: Plot and Title Map

7 BEECH TREE DRIVE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 7 BEECH TREE DRIVE, 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 7 BEECH TREE DRIVE). 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 7 BEECH TREE DRIVE?

7 BEECH TREE DRIVE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 7 on BEECH TREE DRIVE.