12, NORTHBOURNE AVENUE, SHANKLIN, PO37 7LT - £138,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 NORTHBOURNE AVENUE is a very small detached house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £134,516. It was last sold for £138,000 in September 2022, which was around 67% below the average September 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

12 NORTHBOURNE AVENUE Sold Prices

Land registry data shows two sales for 12 NORTHBOURNE AVENUE 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 12 NORTHBOURNE 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
2022 30 SEP	£138,000	£417,661	67% below HPI
2015 12 FEB	£100,000	£260,237	62% below HPI

12 NORTHBOURNE AVENUE 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 12 NORTHBOURNE AVENUE sales from February 2015 and September 2022 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 February 2015 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the September 2022 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

What might 12 NORTHBOURNE AVENUE be worth now?

12 NORTHBOURNE AVENUE might now be worth an estimated £134,516.

This is based on house price deflation of 2.5%, between September 2022 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% deflationary decrease is applied to the most recent sale price for 12 NORTHBOURNE AVENUE of £138,000 on 30th September 2022. For the value to have decreased from £138,000 to £134,516 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 NORTHBOURNE AVENUE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2022 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NORTHBOURNE AVENUE has not materially changed since September 2022.

How Large is 12 NORTHBOURNE AVENUE?

12 NORTHBOURNE AVENUE is 62m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where 12 NORTHBOURNE AVENUE lies on this distribution: 3% of detached houses houses are smaller than 12 NORTHBOURNE AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

12 NORTHBOURNE AVENUE: Plot and Title Map

12 NORTHBOURNE AVENUE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 12 NORTHBOURNE 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 12 NORTHBOURNE 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.

Where is 12 NORTHBOURNE AVENUE?

12 NORTHBOURNE AVENUE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 12 on NORTHBOURNE AVENUE.