2 Cedar Drive, Shanklin, PO37 7ED is a freehold detached property built between 1950-1966. The property offers approximately 861 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £279,369 , which equates to approximately £324 per square foot. It was last sold on 17 Jul 2012 for £178,000. Since then, the value has increased by £101,369, representing a 56.9% increase, or approximately 4.2% per year.

The current estimated value of £279,369 is:

  • 15.5% lower than the average property price on Cedar Drive
  • 13.3% lower than the average in the PO37 7ED postcode area
  • and 7.5% lower than the average price for Shanklin as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 1 November 2016, the property was recorded as owner-occupied.

View sold house prices in PO37 7ED

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
861 sq ft
Tenure
Freehold
Price (estimate)
£279,369
Price Per sq ft (estimate)
£324
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 Cedar Drive, Shanklin, Isle Of Wight, PO37 7ED has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Nov 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully triple glazed.

The previous EPC assessment was conducted on 2 Apr 2013, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 23.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The windows were upgraded from fully double glazed to fully triple glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£279,369
streetscan.co.uk estimate
+57 %
17 Jul 2012
£178,000
Leasehold
+94.5 %
8 May 2000
£91,500
Leasehold
+86.7 %
5 Dec 1996
£49,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 818 sq ft
sale price: £260,000
sale date: 27 Jul 2020
rooms: 4
size: 875 sq ft
sale price: £210,000
sale date: 7 Jul 2009
rooms: 4
size: 861 sq ft
sale price: £325,000
sale date: 9 Jun 2021
rooms: 4
size: 732 sq ft
sale price: £275,000
sale date: 23 Mar 2021
rooms: 4
size: 775 sq ft
sale price: £280,000
sale date: 15 Nov 2019

Data Sources

The property at 2 Cedar Drive, Shanklin, PO37 7ED appears three times in the Land Registry records, with the latest transaction recorded on 17 Jul 2012. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Nov 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.