165, FAIRLEE ROAD, NEWPORT, PO30 2EW - £270,000

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

165 FAIRLEE ROAD is a midsized detached house of 92m², built sometime between 1950 and 1966. It was last sold for £270,000 in October 2021, which was around 30% below the average October 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

165 FAIRLEE ROAD Sold Prices

Land registry data shows four sales for 165 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 165 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 18 OCT	£270,000	£384,208	30% below HPI
2015 25 SEP	£190,000	£284,054	33% below HPI
2014 21 AUG	£182,500	£265,613	31% below HPI
2002 12 AUG	£120,000	£169,911	29% below HPI

165 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 165 FAIRLEE ROAD sales between August 2002 and October 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 September 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 165 FAIRLEE ROAD?

165 FAIRLEE ROAD is 92m² according to the EPC inspection conducted in April 2021. 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 165 FAIRLEE ROAD lies on this distribution: 43% of detached houses are smaller than 165 FAIRLEE ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Newport.

165 FAIRLEE ROAD: Plot and Title Map

165 FAIRLEE ROAD sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 165 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 165 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 165 FAIRLEE ROAD?

165 FAIRLEE ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 165 on FAIRLEE ROAD.