51, ORCHARD ROAD, SHANKLIN, PO37 7NX - £795,000

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

51 ORCHARD ROAD is a very large detached house of 300m², built sometime between 1996 and 2002. It was last sold for £795,000 in November 2022, which was around 80% above the average November 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

51 ORCHARD ROAD Sold Prices

Land registry data shows three sales for 51 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 51 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 4 NOV	£795,000	£441,602	80% above HPI
2010 7 MAY	£405,000	£255,954	58% above HPI
1999 22 JAN	£220,000	£93,730	135% above HPI

51 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 51 ORCHARD ROAD sales between January 1999 and November 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 May 2010 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the November 2022 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 51 ORCHARD ROAD?

51 ORCHARD ROAD is 300m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 51 ORCHARD ROAD lies on this distribution: 98% of detached houses are smaller than 51 ORCHARD ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

51 ORCHARD ROAD: Plot and Title Map

51 ORCHARD ROAD sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 51 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 51 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 51 ORCHARD ROAD?

51 ORCHARD ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 51 on ORCHARD ROAD.