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
3 NORTHBOURNE AVENUE is a large extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £275,000 in April 2015, which was around 5% above the average April 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 NORTHBOURNE 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. One of the three 3 NORTHBOURNE AVENUE sales was for above the average price, whilst two 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 |
---|---|---|---|
2015 21 APR | £275,000 | £262,734 | 5% above HPI |
2007 15 JAN | £220,000 | £258,033 | 15% below HPI |
2004 13 DEC | £165,000 | £240,051 | 31% 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 three 3 NORTHBOURNE AVENUE sales between December 2004 and April 2015 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2015 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.
3 NORTHBOURNE AVENUE is 128m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 3 NORTHBOURNE AVENUE lies on this distribution: 66% of detached houses are smaller than 3 NORTHBOURNE AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Shanklin.
3 NORTHBOURNE AVENUE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 3 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 3 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.
3 NORTHBOURNE AVENUE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 3 on NORTHBOURNE AVENUE.