5, MITCHELL AVENUE, VENTNOR, PO38 1DJ - £350,000

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

5 MITCHELL AVENUE is a large detached house of 147m², built sometime before 1900. It was last sold for £350,000 in March 2023, which was around 18% below the average March 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

5 MITCHELL AVENUE Sold Prices

Land registry data shows two sales for 5 MITCHELL AVENUE 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 5 MITCHELL 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
2023 1 MAR	£350,000	£424,882	18% below HPI
2022 27 APR	£315,000	£409,792	23% below HPI

5 MITCHELL AVENUE 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 5 MITCHELL AVENUE sales from April 2022 and March 2023 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 April 2022 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 MITCHELL AVENUE?

5 MITCHELL AVENUE is 147m² according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where 5 MITCHELL AVENUE lies on this distribution: 68% of detached houses are smaller than 5 MITCHELL AVENUE, and 31% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

5 MITCHELL AVENUE: Plot and Title Map

5 MITCHELL AVENUE sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 5 MITCHELL 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 5 MITCHELL 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.

Where is 5 MITCHELL AVENUE?

5 MITCHELL AVENUE is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 5 on MITCHELL AVENUE.