148, FAIRLEE ROAD, NEWPORT, PO30 2EN - £300,000

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

148 FAIRLEE ROAD is a small detached house of 82m², built sometime between 1930 and 1949. It was last sold for £300,000 in July 2023, which was around 29% below the average July 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

148 FAIRLEE ROAD Sold Prices

Land registry data shows three sales for 148 FAIRLEE ROAD 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 148 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
2023 14 JUL	£300,000	£419,943	29% below HPI
2013 1 JUL	£186,500	£254,455	27% below HPI
2000 27 APR	£91,500	£114,538	20% below HPI

148 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 three 148 FAIRLEE ROAD sales between April 2000 and July 2023 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 July 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 148 FAIRLEE ROAD?

148 FAIRLEE ROAD is 82m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 148 FAIRLEE ROAD lies on this distribution: 29% of detached houses are smaller than 148 FAIRLEE ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Newport.

148 FAIRLEE ROAD: Plot and Title Map

148 FAIRLEE ROAD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 148 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 148 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 148 FAIRLEE ROAD?

148 FAIRLEE ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 148 on FAIRLEE ROAD.