118, FAIRLEE ROAD, NEWPORT, PO30 2EL - £255,000

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

118 FAIRLEE ROAD is a large extended detached house of 114m², built sometime before 1900. It was last sold for £255,000 in June 2021, which was around 31% below the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

118 FAIRLEE ROAD Sold Prices

Land registry data shows four sales for 118 FAIRLEE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 118 FAIRLEE ROAD 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
2021 14 JUN	£255,000	£369,466	31% below HPI
2015 1 OCT	£180,000	£286,326	37% below HPI
2005 15 APR	£194,950	£236,958	18% below HPI
2005 18 FEB	£205,000	£238,248	14% below HPI

118 FAIRLEE ROAD 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 four 118 FAIRLEE ROAD sales between February 2005 and June 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 October 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 118 FAIRLEE ROAD?

118 FAIRLEE ROAD is 114m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 118 FAIRLEE ROAD lies on this distribution: 67% of detached houses are smaller than 118 FAIRLEE ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Newport.

118 FAIRLEE ROAD: Plot and Title Map

118 FAIRLEE ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 118 FAIRLEE ROAD, 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 118 FAIRLEE ROAD). 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 118 FAIRLEE ROAD?

118 FAIRLEE ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 118 on FAIRLEE ROAD.