1, AVENUE ROAD, SHANKLIN, PO37 7BG - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 AVENUE ROAD is a large extended detached house of 129m², built sometime before 1900. It was last sold for £245,000 in January 2017, which was around 17% below the average January 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

1 AVENUE ROAD Sold Prices

Land registry data shows two sales for 1 AVENUE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 1 AVENUE ROAD sales were for below 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
2017 24 JAN	£245,000	£295,563	17% below HPI
1997 27 MAR	£59,000	£72,503	19% below HPI

1 AVENUE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 1 AVENUE ROAD sales from March 1997 and January 2017 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 March 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 AVENUE ROAD?

1 AVENUE ROAD is 129m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 1 AVENUE ROAD lies on this distribution: 66% of detached houses are smaller than 1 AVENUE ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

1 AVENUE ROAD: Plot and Title Map

1 AVENUE ROAD sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 1 AVENUE ROAD, 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 1 AVENUE ROAD). 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 1 AVENUE ROAD?

1 AVENUE ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 1 on AVENUE ROAD.