34, ORCHARD ROAD, SHANKLIN, PO37 7NX - £465,000

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

34 ORCHARD ROAD is a large detached house of 158m², built sometime between 1976 and 1982. It was last sold for £465,000 in July 2022, which was around 9% above 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 C.

34 ORCHARD ROAD Sold Prices

Land registry data shows five sales for 34 ORCHARD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the five 34 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 18 JUL	£465,000	£424,658	9% above HPI
2011 21 DEC	£315,000	£253,640	24% above HPI
2003 19 DEC	£238,000	£208,499	14% above HPI
1999 31 MAR	£99,000	£95,180	4% above HPI
1996 16 DEC	£70,000	£71,212	2% below HPI

34 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 five 34 ORCHARD ROAD sales between December 1996 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 December 2011 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 34 ORCHARD ROAD?

34 ORCHARD ROAD is 158m² according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 34 ORCHARD ROAD lies on this distribution: 78% of detached houses are smaller than 34 ORCHARD ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

34 ORCHARD ROAD: Plot and Title Map

34 ORCHARD ROAD sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 34 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 34 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 34 ORCHARD ROAD?

34 ORCHARD ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 34 on ORCHARD ROAD.