Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
11 WESTLAKE AVENUE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £350,000 in September 2023, which was around 17% below the average September 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 11 WESTLAKE AVENUE since 1st 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 11 WESTLAKE AVENUE 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 |
---|---|---|---|
2023 15 SEP | £350,000 | £421,096 | 17% below HPI |
2002 20 SEP | £125,000 | £175,887 | 29% below HPI |
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 11 WESTLAKE AVENUE sales from September 2002 and September 2023 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 September 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
11 WESTLAKE AVENUE is 65m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 11 WESTLAKE AVENUE lies on this distribution: 18% of detached houses are smaller than 11 WESTLAKE AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Sandown.
11 WESTLAKE AVENUE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 11 WESTLAKE AVENUE, 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 11 WESTLAKE AVENUE). 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.
11 WESTLAKE AVENUE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 11 on WESTLAKE AVENUE.