43, ORCHARD ROAD, SHANKLIN, PO37 7NX - £260,000

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

43 ORCHARD ROAD is a small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £260,000 in May 2016, which was around 10% below the average May 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

43 ORCHARD ROAD Sold Prices

Land registry data shows three sales for 43 ORCHARD ROAD since 1^st 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 43 ORCHARD ROAD 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
2016 16 MAY	£260,000	£288,538	10% below HPI
2009 20 AUG	£217,000	£235,539	8% below HPI
2004 10 SEP	£215,000	£229,384	6% below HPI

43 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 three 43 ORCHARD ROAD sales between September 2004 and May 2016 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 August 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 43 ORCHARD ROAD?

43 ORCHARD ROAD is 95m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 43 ORCHARD ROAD lies on this distribution: 39% of detached houses are smaller than 43 ORCHARD ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

43 ORCHARD ROAD: Plot and Title Map

43 ORCHARD ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 43 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 43 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 43 ORCHARD ROAD?

43 ORCHARD ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 43 on ORCHARD ROAD.