162, FAIRLEE ROAD, NEWPORT, PO30 2EN - £390,000

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

162 FAIRLEE ROAD is a very large extended detached house of 180m², built sometime between 1900 and 1929. It was last sold for £390,000 in October 2017, which was around 27% above the average October 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

162 FAIRLEE ROAD Sold Prices

Land registry data shows four sales for 162 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 162 FAIRLEE ROAD sales were for above 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 16 OCT	£390,000	£308,033	27% above HPI
2013 17 JUL	£340,000	£254,455	34% above HPI
2006 12 JUL	£310,000	£247,337	25% above HPI
2000 30 NOV	£145,000	£132,709	9% above HPI

162 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 162 FAIRLEE ROAD sales between November 2000 and October 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 July 2013 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2017 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 162 FAIRLEE ROAD?

162 FAIRLEE ROAD is 180m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 162 FAIRLEE ROAD lies on this distribution: 94% of detached houses are smaller than 162 FAIRLEE ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Newport.

162 FAIRLEE ROAD: Plot and Title Map

162 FAIRLEE ROAD sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 162 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 162 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 162 FAIRLEE ROAD?

162 FAIRLEE ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 162 on FAIRLEE ROAD.