62, VICTORIA AVENUE, SHANKLIN, PO37 6LY - £410,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 VICTORIA AVENUE is a large extended detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £468,542. It was last sold for £410,000 in February 2021, which was around 15% above the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was C.

62 VICTORIA AVENUE Sold Prices

Land registry data shows three sales for 62 VICTORIA AVENUE 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. Two of the three 62 VICTORIA AVENUE sales were for above the average price, whilst one was 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
2021 16 FEB	£410,000	£356,249	15% above HPI
2015 22 MAY	£246,000	£262,538	6% below HPI
1996 11 JAN	£81,000	£70,156	15% above HPI

62 VICTORIA 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 three 62 VICTORIA AVENUE sales between January 1996 and February 2021 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 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 62 VICTORIA AVENUE be worth now?

62 VICTORIA AVENUE might now be worth an estimated £468,542.

This is based on house price inflation of 14.3%, between February 2021 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.3% inflationary increase is applied to the most recent sale price for 62 VICTORIA AVENUE of £410,000 on 16th February 2021. For the value to have increased from £410,000 to £468,542 over the four years to February 2025, the following assumptions must hold true:

• The value of 62 VICTORIA AVENUE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2021 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 62 VICTORIA AVENUE has not materially changed since February 2021.

How Large is 62 VICTORIA AVENUE?

62 VICTORIA AVENUE is 129m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where 62 VICTORIA AVENUE lies on this distribution: 66% of detached houses houses are smaller than 62 VICTORIA AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

62 VICTORIA AVENUE: Plot and Title Map

62 VICTORIA AVENUE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 62 VICTORIA 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 62 VICTORIA 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 62 VICTORIA AVENUE?

62 VICTORIA AVENUE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 62 on VICTORIA AVENUE.