29, ORCHARD ROAD, SHANKLIN, PO37 7NX - £450,000

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

29 ORCHARD ROAD is a midsized detached house of 115m², built sometime between 1950 and 1966. It was last sold for £450,000 in June 2022, which was around 6% above the average June 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

29 ORCHARD ROAD Sold Prices

Land registry data shows two sales for 29 ORCHARD 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 29 ORCHARD ROAD 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
2022 30 JUN	£450,000	£423,043	6% above HPI
2000 20 JAN	£144,000	£109,443	32% above HPI

29 ORCHARD 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 29 ORCHARD ROAD sales from January 2000 and June 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 January 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 29 ORCHARD ROAD?

29 ORCHARD ROAD is 115m² according to the EPC inspection conducted in January 2022. 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 29 ORCHARD ROAD lies on this distribution: 55% of detached houses are smaller than 29 ORCHARD ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

29 ORCHARD ROAD: Plot and Title Map

29 ORCHARD ROAD sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 29 ORCHARD 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 29 ORCHARD 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 29 ORCHARD ROAD?

29 ORCHARD ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 29 on ORCHARD ROAD.