7, FLORENCE ROAD, SHANKLIN, PO37 6PB - £310,000

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.

7 FLORENCE ROAD is a large extended semi-detached house of 145m², built sometime before 1900, which could now be worth an estimated £427,552. It was last sold for £310,000 in May 2018, which was around 50% above the average May 2018 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

7 FLORENCE ROAD Sold Prices

Land registry data shows four sales for 7 FLORENCE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 7 FLORENCE ROAD sales were 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 MAY	£310,000	£206,765	50% above HPI
2014 1 OCT	£249,500	£183,413	36% above HPI
2011 11 MAR	£177,500	£171,791	3% above HPI
2010 11 JUN	£195,000	£171,121	14% above HPI

7 FLORENCE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 7 FLORENCE ROAD sales between June 2010 and May 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 October 2014 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the May 2018 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 7 FLORENCE ROAD be worth now?

7 FLORENCE ROAD might now be worth an estimated £427,552.

This is based on house price inflation of 37.9%, between May 2018 and February 2025, for semi-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 37.9% inflationary increase is applied to the most recent sale price for 7 FLORENCE ROAD of £310,000 on 31st May 2018. For the value to have increased from £310,000 to £427,552 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 7 FLORENCE ROAD has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The May 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FLORENCE ROAD has not materially changed since May 2018.

How Large is 7 FLORENCE ROAD?

7 FLORENCE ROAD is 145m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of semi-detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shanklin, and where 7 FLORENCE ROAD lies on this distribution: 74% of semi-detached houses houses are smaller than 7 FLORENCE ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

7 FLORENCE ROAD: Plot and Title Map

7 FLORENCE ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 7 FLORENCE ROAD, 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 FLORENCE ROAD). 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 FLORENCE ROAD?

7 FLORENCE ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 7 on FLORENCE ROAD.