22, SPRING GARDENS, SHANKLIN, PO37 7AQ - £187,000

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.

22 SPRING GARDENS is a midsized extended semi-detached house of 106m², built sometime before 1900, which could now be worth an estimated £259,989. It was last sold for £187,000 in July 2016, which was around 4% below the average July 2016 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

22 SPRING GARDENS Sold Prices

Land registry data shows four sales for 22 SPRING GARDENS 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. two of the four 22 SPRING GARDENS sales were for below the average price, and four 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
2016 21 JUL	£187,000	£194,814	4% below HPI
2015 1 OCT	£177,000	£191,604	8% below HPI
2007 9 FEB	£190,000	£177,662	7% above HPI
2005 15 APR	£167,000	£163,001	2% above HPI

22 SPRING GARDENS 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 22 SPRING GARDENS sales between April 2005 and July 2016 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 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 22 SPRING GARDENS be worth now?

22 SPRING GARDENS might now be worth an estimated £259,989.

This is based on house price inflation of 39%, between July 2016 and June 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 39% inflationary increase is applied to the most recent sale price for 22 SPRING GARDENS of £187,000 on 21st July 2016. For the value to have increased from £187,000 to £259,989 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of 22 SPRING GARDENS has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The July 2016 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SPRING GARDENS has not materially changed since July 2016.

How Large is 22 SPRING GARDENS?

22 SPRING GARDENS is 106m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 22 SPRING GARDENS lies on this distribution: 50% of semi-detached houses houses are smaller than 22 SPRING GARDENS, and 50% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

22 SPRING GARDENS: Plot and Title Map

22 SPRING GARDENS sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 22 SPRING 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 22 SPRING 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 22 SPRING GARDENS?

22 SPRING GARDENS is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 22 on SPRING GARDENS.