10, KING EDWARD CLOSE, SHANKLIN, PO37 7DW - £260,950

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.

10 KING EDWARD CLOSE is a very small semi-detached house of 68m², built sometime between 2007 and 2011, which could now be worth an estimated £294,821. It was last sold for £260,950 in September 2021, which was around 3% above the average September 2021 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

10 KING EDWARD CLOSE Sold Prices

Land registry data shows two sales for 10 KING EDWARD CLOSE 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. Both of the two 10 KING EDWARD CLOSE 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
2021 20 SEP	£260,950	£252,408	3% above HPI
2008 2 MAY	£227,500	£181,161	26% above HPI

10 KING EDWARD CLOSE 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 10 KING EDWARD CLOSE sales from May 2008 and September 2021 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 2008 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 10 KING EDWARD CLOSE be worth now?

10 KING EDWARD CLOSE might now be worth an estimated £294,821.

This is based on house price inflation of 13%, between September 2021 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 13% inflationary increase is applied to the most recent sale price for 10 KING EDWARD CLOSE of £260,950 on 20th September 2021. For the value to have increased from £260,950 to £294,821 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 KING EDWARD CLOSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The September 2021 sale price of £260,950 represented a fair market value for the property.
• The size, condition, and specification of 10 KING EDWARD CLOSE has not materially changed since September 2021.

How Large is 10 KING EDWARD CLOSE?

10 KING EDWARD CLOSE is 68m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% 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 10 KING EDWARD CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 10 KING EDWARD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

10 KING EDWARD CLOSE: Plot and Title Map

10 KING EDWARD CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 10 KING EDWARD CLOSE, 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 10 KING EDWARD CLOSE). 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 10 KING EDWARD CLOSE?

10 KING EDWARD CLOSE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 10 on KING EDWARD CLOSE.