18, CARTER AVENUE, SHANKLIN, PO37 7LG - £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

18 CARTER AVENUE is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £245,000 in February 2019, which was around 25% below the average February 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

18 CARTER AVENUE Sold Prices

Land registry data shows four sales for 18 CARTER AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 18 CARTER 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
2019 11 FEB	£245,000	£325,651	25% below HPI
2017 1 NOV	£175,000	£308,199	43% below HPI
2015 31 JUL	£118,000	£274,939	57% below HPI
1999 30 APR	£53,000	£96,363	45% below HPI

18 CARTER 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 four 18 CARTER AVENUE sales between April 1999 and February 2019 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 November 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 CARTER AVENUE?

18 CARTER AVENUE is 70m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 18 CARTER AVENUE lies on this distribution: 11% of detached houses are smaller than 18 CARTER AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

18 CARTER AVENUE: Plot and Title Map

18 CARTER AVENUE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 18 CARTER 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 18 CARTER 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 18 CARTER AVENUE?

18 CARTER AVENUE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 18 on CARTER AVENUE.