Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
62 VICTORIA AVENUE is a large extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £410,000 in February 2021, which was around 13% 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.
Land registry data shows three sales for 62 VICTORIA AVENUE since 1st 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 | £363,833 | 13% above HPI |
2015 22 MAY | £246,000 | £268,128 | 8% below HPI |
1996 11 JAN | £81,000 | £71,649 | 13% above HPI |
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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
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 in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 62 VICTORIA AVENUE lies on this distribution: 66% of detached houses are smaller than 62 VICTORIA AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Shanklin.
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.
62 VICTORIA AVENUE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 62 on VICTORIA AVENUE.