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
176 FAIRLEE ROAD is a midsized extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £290,000 in August 2022, which was around 32% below the average August 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 176 FAIRLEE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 176 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 |
---|---|---|---|
2022 15 AUG | £290,000 | £425,763 | 32% below HPI |
2000 27 APR | £100,000 | £114,538 | 13% below HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 176 FAIRLEE ROAD sales from April 2000 and August 2022 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 April 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
176 FAIRLEE ROAD is 103m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 176 FAIRLEE ROAD lies on this distribution: 59% of detached houses are smaller than 176 FAIRLEE ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Newport.
176 FAIRLEE ROAD sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 176 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 176 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.
176 FAIRLEE ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 176 on FAIRLEE ROAD.