8, DRACAENA GARDENS, SHANKLIN, PO37 7JQ - £205,000

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

8 DRACAENA GARDENS is a small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £205,000 in September 2012, which was around 20% below the average September 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

8 DRACAENA GARDENS Sold Prices

Land registry data shows three sales for 8 DRACAENA GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 8 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
2012 7 SEP	£205,000	£255,962	20% below HPI
2007 25 JAN	£207,000	£258,033	20% below HPI
1998 13 NOV	£77,000	£95,045	19% below HPI

8 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 three 8 DRACAENA GARDENS sales between November 1998 and September 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 January 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2012 sale, which was also at 20% below the HPI.

How Large is 8 DRACAENA GARDENS?

8 DRACAENA GARDENS is 87m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 8 DRACAENA GARDENS lies on this distribution: 30% of detached houses are smaller than 8 DRACAENA GARDENS, and 70% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

8 DRACAENA GARDENS: Plot and Title Map

8 DRACAENA GARDENS sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 8 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 8 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 8 DRACAENA GARDENS?

8 DRACAENA GARDENS is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 8 on DRACAENA GARDENS.