Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 SYLVAN AVENUE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £295,000 in July 2022, which was around 31% below the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 3 SYLVAN 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 3 SYLVAN 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 18 JUL | £295,000 | £424,658 | 31% below HPI |
2011 15 MAR | £167,000 | £255,993 | 35% below HPI |
1995 7 APR | £48,750 | £67,855 | 28% 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 SYLVAN AVENUE sales between April 1995 and July 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 March 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
3 SYLVAN AVENUE is 71m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 3 SYLVAN AVENUE lies on this distribution: 13% of detached houses are smaller than 3 SYLVAN AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in East Cowes.
3 SYLVAN AVENUE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 3 SYLVAN 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 SYLVAN 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 SYLVAN AVENUE is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 3 on SYLVAN AVENUE.