FLAT 2, 46, MITCHELL AVENUE, VENTNOR, PO38 1DS - £65,000

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.

FLAT 2 46 MITCHELL AVENUE is a very small flat of 47m², built sometime between 1900 and 1929, which could now be worth an estimated £87,611. It was last sold for £65,000 in May 2013, which was around 34% below the average May 2013 flat price in the Isle of Wight local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

FLAT 2 46 MITCHELL AVENUE Sold Prices

Land registry data shows four sales for FLAT 2 46 MITCHELL AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Isle of Wight local authority area for the corresponding sale date. All of the four FLAT 2 46 MITCHELL AVENUE 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
2013 17 MAY	£65,000	£99,070	34% below HPI
2008 9 OCT	£80,000	£112,842	29% below HPI
2001 27 JUN	£50,500	£54,350	7% below HPI
1998 16 OCT	£32,000	£36,671	13% below HPI

What might FLAT 2 46 MITCHELL AVENUE be worth now?

FLAT 2 46 MITCHELL AVENUE might now be worth an estimated £87,611.

This is based on house price inflation of 34.8%, between May 2013 and March 2026, for flats, 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 34.8% inflationary increase is applied to the most recent sale price for FLAT 2 46 MITCHELL AVENUE of £65,000 on 17th May 2013. For the value to have increased from £65,000 to £87,611 over the thirteen years and two months to March 2026, the following assumptions must hold true:

• The value of FLAT 2 46 MITCHELL AVENUE has moved in line with the HPI for flats in the Isle of Wight local authority area.
• The May 2013 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 46 MITCHELL AVENUE has not materially changed since May 2013.

How Large is FLAT 2 46 MITCHELL AVENUE?

FLAT 2 46 MITCHELL AVENUE is 47m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of flats in Ventnor, based on EPC data. 16% of flats are smaller than FLAT 2 46 MITCHELL AVENUE, and 82% of flats are larger. Note that EPC data is not available for all properties in Ventnor.

FLAT 2 46 MITCHELL AVENUE: Plot

FLAT 2 46 MITCHELL AVENUE sits on a plot of roughly 0.092 of an acre, or 374m².

Where is FLAT 2 46 MITCHELL AVENUE?

FLAT 2, 46 MITCHELL AVENUE is located in VENTNOR, in the PO38 postcode district.