FLAT 5, OCHILTREE HOUSE, 45, VICTORIA AVENUE, SHANKLIN, PO37 6LT - £89,950

FLAT 5 OCHILTREE HOUSE is a very small extended detached house of 53m², built sometime between 1967 and 1975. It was last sold for £89,950 in December 2002, which was around 51% below the average December 2002 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

FLAT 5 OCHILTREE HOUSE Sold Prices

Land registry data shows three sales for FLAT 5 OCHILTREE HOUSE 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 FLAT 5 OCHILTREE HOUSE 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
2002 17 DEC	£89,950	£184,364	51% below HPI
2001 9 MAR	£56,000	£133,161	58% below HPI
1995 22 FEB	£44,500	£69,350	36% below HPI

FLAT 5 OCHILTREE HOUSE 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 FLAT 5 OCHILTREE HOUSE sales between February 1995 and December 2002 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 March 2001 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the December 2002 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is FLAT 5 OCHILTREE HOUSE?

FLAT 5 OCHILTREE HOUSE is 53m², which includes one extension, according to the EPC inspection conducted in November 2023. 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 FLAT 5 OCHILTREE HOUSE lies on this distribution: 1% of detached houses are smaller than FLAT 5 OCHILTREE HOUSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

FLAT 5 OCHILTREE HOUSE: Plot and Title Map

FLAT 5 OCHILTREE HOUSE sits on a plot of roughly 0.496 of an acre, or 2,006m². The below map shows the location of FLAT 5 OCHILTREE HOUSE, 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 FLAT 5 OCHILTREE HOUSE). 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 FLAT 5 OCHILTREE HOUSE?

FLAT 5, OCHILTREE HOUSE is located on VICTORIA AVENUE in SHANKLIN, in the PO37 postcode district. The below map shows the position of FLAT 5, OCHILTREE HOUSE on VICTORIA AVENUE.