28, SILVER TREES, SHANKLIN, PO37 7ND - £120,000

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.

28 SILVER TREES is a very small semi-detached house of 45m², built sometime between 1976 and 1982, which could now be worth an estimated £192,066. It was last sold for £120,000 in December 2012, which was around 28% below the average December 2012 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

28 SILVER TREES Sold Prices

Land registry data shows one sale for 28 SILVER TREES since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 20 DEC	£120,000	£167,572	28% below HPI

What might 28 SILVER TREES be worth now?

28 SILVER TREES might now be worth an estimated £192,066.

This is based on house price inflation of 60.1%, between December 2012 and March 2026, 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 60.1% inflationary increase is applied to the most recent sale price for 28 SILVER TREES of £120,000 on 20th December 2012. For the value to have increased from £120,000 to £192,066 over the fourteen years and nine months to March 2026, the following assumptions must hold true:

• The value of 28 SILVER TREES has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The December 2012 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 28 SILVER TREES has not materially changed since December 2012.

How Large is 28 SILVER TREES?

28 SILVER TREES is 45m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of semi-detached houses in Shanklin, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Shanklin, and where 28 SILVER TREES lies on this distribution: 1% of semi-detached houses are smaller than 28 SILVER TREES, and 99% of semi-detached houses are larger. Note that EPC data is not available for all properties in Shanklin.

28 SILVER TREES: Plot

28 SILVER TREES sits on a plot of roughly 0.080 of an acre, or 324m².

Where is 28 SILVER TREES?

28 SILVER TREES is located in SHANKLIN, in the PO37 postcode district.