8A, HOPE ROAD, SHANKLIN, PO37 6EA - £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.

8A HOPE ROAD is a large semi-detached house of 130m², built sometime between 1950 and 1966, which could now be worth an estimated £322,625. It was last sold for £310,000 in March 2024, which was around 13% above the average March 2024 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

8A HOPE ROAD Sold Prices

Land registry data shows two sales for 8A HOPE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two 8A HOPE ROAD sales was for above the average price, whilst the other was roughly equal to 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
2024 28 MAR	£310,000	£274,011	13% above HPI
2020 1 JUN	£225,000	£225,434	Close to HPI

8A HOPE 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 two 8A HOPE ROAD sales from June 2020 and March 2024 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 June 2020 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2024 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 8A HOPE ROAD be worth now?

8A HOPE ROAD might now be worth an estimated £322,625.

This is based on house price inflation of 4.1%, between March 2024 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 4.1% inflationary increase is applied to the most recent sale price for 8A HOPE ROAD of £310,000 on 28th March 2024. For the value to have increased from £310,000 to £322,625 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 8A HOPE ROAD has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The March 2024 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 8A HOPE ROAD has not materially changed since March 2024.

How Large is 8A HOPE ROAD?

8A HOPE ROAD is 130m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% 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 8A HOPE ROAD lies on this distribution: 67% of semi-detached houses houses are smaller than 8A HOPE ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

8A HOPE ROAD: Plot and Title Map

8A HOPE ROAD sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 8A HOPE 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 8A HOPE 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 8A HOPE ROAD?

8A HOPE ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 8A on HOPE ROAD.