4, SILVER TREES, SHANKLIN, PO37 7ND - £185,000

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.

4 SILVER TREES is a very small terraced house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £218,926. It was last sold for £185,000 in August 2020, which was around 5% above the average August 2020 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

4 SILVER TREES Sold Prices

Land registry data shows two sales for 4 SILVER TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 4 SILVER TREES 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
2020 14 AUG	£185,000	£175,909	5% above HPI
1996 26 JAN	£50,250	£35,403	42% above HPI

4 SILVER TREES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 4 SILVER TREES sales from January 1996 and August 2020 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 1996 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2020 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 SILVER TREES be worth now?

4 SILVER TREES might now be worth an estimated £218,926.

This is based on house price inflation of 18.3%, between August 2020 and June 2025, for terraced 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 18.3% inflationary increase is applied to the most recent sale price for 4 SILVER TREES of £185,000 on 14th August 2020. For the value to have increased from £185,000 to £218,926 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 4 SILVER TREES has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The August 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SILVER TREES has not materially changed since August 2020.

How Large is 4 SILVER TREES?

4 SILVER TREES is 77m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of terraced houses houses in Shanklin, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shanklin, and where 4 SILVER TREES lies on this distribution: 19% of terraced houses houses are smaller than 4 SILVER TREES, and 79% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

4 SILVER TREES: Plot and Title Map

4 SILVER TREES sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 4 SILVER TREES, 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 4 SILVER TREES). 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 4 SILVER TREES?

4 SILVER TREES is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 4 on SILVER TREES.