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
116 VICTORIA AVENUE is a midsized extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £370,000 in November 2013, which was around 43% above the average November 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 116 VICTORIA AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 116 VICTORIA AVENUE sales were for above 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 |
---|---|---|---|
2013 29 NOV | £370,000 | £259,215 | 43% above HPI |
2012 20 SEP | £325,000 | £255,962 | 27% above HPI |
2011 14 JAN | £320,000 | £256,818 | 25% above 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 three 116 VICTORIA AVENUE sales between January 2011 and November 2013 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 2012 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2013 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.
116 VICTORIA AVENUE is 116m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 116 VICTORIA AVENUE lies on this distribution: 57% of detached houses are smaller than 116 VICTORIA AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Shanklin.
116 VICTORIA AVENUE sits on a plot of roughly 0.589 of an acre, or 2,386m². The below map shows the location of 116 VICTORIA 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 116 VICTORIA 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.
116 VICTORIA AVENUE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 116 on VICTORIA AVENUE.