Flat 5, Furbank Lodge, 13 Wilton Park Road, Shanklin, PO37 7BT is a leasehold flat built between 1983-1990. The property offers approximately 603 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £163,544 , which equates to approximately £271 per square foot. It was last sold on 28 Jun 2013 for £115,000. Since then, the value has increased by £48,544, representing a 42.2% increase, or approximately 3.4% per year.

The current estimated value of £163,544 is:

  • 38.6% lower than the average property price on Wilton Park Road
  • 44.5% lower than the average in the PO37 7BT postcode area
  • and 45.6% lower than the average price for Shanklin as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 28 June 2023, the property was recorded as owner-occupied.

View sold house prices in PO37 7BT

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£163,544
Price Per sq ft (estimate)
£271
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Furbank Lodge, 13 Wilton Park Road, Shanklin, Isle Of Wight, PO37 7BT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Jun 2023.

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 double glazed.

The previous EPC assessment was conducted on 15 Mar 2011. The rating of C is unchanged, though the energy efficiency score decreased by 5.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 38% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to PO37 7BT

23 rd / 26
Price Rank
45% lower than average
15 th / 17
Size Rank
50% smaller than average
5 th / 17
Price Per Sq FT Rank
12% higher than average

Compared to other properties in PO37 7BT , this flat's estimated value ranks 23th out of 26. Based on price per square foot, it ranks 5th out of 17 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 15th out of 17 properties in its postcode area.

Sale History

Today
£163,544
streetscan.co.uk estimate
+42 %
28 Jun 2013
£115,000
Leasehold
-10.9 %
30 Nov 2007
£129,000
Leasehold
+7.5 %
26 May 2006
£120,000
Leasehold
+26.3 %
28 May 2004
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £125,000
sale date: 26 Mar 2021
rooms: 3
size: 604 sq ft
sale price: £109,500
sale date: 11 Sep 2009
rooms: 3
size: 624 sq ft
sale price: £135,000
sale date: 24 Nov 2006
rooms: 3
size: 538 sq ft
sale price: £125,000
sale date: 28 Jul 2006
rooms: 3
size: 624 sq ft
sale price: £116,000
sale date: 15 Sep 2005

Data Sources

The property at Flat 5, Furbank Lodge, 13 Wilton Park Road, Shanklin, PO37 7BT appears four times in the Land Registry records, with the latest transaction recorded on 28 Jun 2013. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jun 2023. 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.