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
7 BEATRICE AVENUE is a very small extended detached house of 57m², built sometime between 1967 and 1975. It was last sold for £210,000 in July 2024, which was around 48% below the average July 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was B.
Land registry data shows three sales for 7 BEATRICE 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 7 BEATRICE AVENUE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2024 4 JUL | £210,000 | £403,847 | 48% below HPI |
2016 20 DEC | £155,000 | £289,331 | 46% below HPI |
2002 13 DEC | £250,000 | £184,364 | 36% 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 7 BEATRICE AVENUE sales between December 2002 and July 2024 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 December 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
7 BEATRICE AVENUE is 57m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 7 BEATRICE AVENUE lies on this distribution: 2% of detached houses are smaller than 7 BEATRICE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Shanklin.
7 BEATRICE AVENUE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 7 BEATRICE 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 7 BEATRICE 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.
7 BEATRICE AVENUE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 7 on BEATRICE AVENUE.