124, FAIRLEE ROAD, NEWPORT, PO30 2EL - £230,000

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

124 FAIRLEE ROAD is a midsized extended detached house of 93m², built sometime before 1900. It was last sold for £230,000 in December 2017, which was around 26% below the average December 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

124 FAIRLEE ROAD Sold Prices

Land registry data shows four sales for 124 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 124 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
2017 1 DEC	£230,000	£309,102	26% below HPI
2016 21 OCT	£175,000	£291,518	40% below HPI
1999 3 SEP	£66,000	£103,136	36% below HPI
1996 30 SEP	£52,500	£71,831	27% below HPI

124 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 124 FAIRLEE ROAD sales between September 1996 and December 2017 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 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 124 FAIRLEE ROAD?

124 FAIRLEE ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 124 FAIRLEE ROAD lies on this distribution: 45% of detached houses are smaller than 124 FAIRLEE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Newport.

124 FAIRLEE ROAD: Plot and Title Map

124 FAIRLEE ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 124 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 124 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 124 FAIRLEE ROAD?

124 FAIRLEE ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 124 on FAIRLEE ROAD.