197, FAIRLEE ROAD, NEWPORT, PO30 2EP - £304,000

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

197 FAIRLEE ROAD is a large extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £304,000 in July 2021, which was around 17% below the average July 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

197 FAIRLEE ROAD Sold Prices

Land registry data shows two sales for 197 FAIRLEE ROAD since 1^st 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 197 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 16 JUL	£304,000	£366,712	17% below HPI
2002 17 JAN	£136,000	£148,638	9% below HPI

197 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 two 197 FAIRLEE ROAD sales from January 2002 and July 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 January 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 197 FAIRLEE ROAD?

197 FAIRLEE ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in July 2017. 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 197 FAIRLEE ROAD lies on this distribution: 68% of detached houses are smaller than 197 FAIRLEE ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Newport.

197 FAIRLEE ROAD: Plot and Title Map

197 FAIRLEE ROAD sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 197 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 197 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 197 FAIRLEE ROAD?

197 FAIRLEE ROAD is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 197 on FAIRLEE ROAD.