22, FAIRMOUNT DRIVE, NEWPORT, PO30 2JF - £177,500

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

22 FAIRMOUNT DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £177,500 in August 2010, which was around 30% below the average August 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

22 FAIRMOUNT DRIVE Sold Prices

Land registry data shows two sales for 22 FAIRMOUNT DRIVE 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 22 FAIRMOUNT DRIVE 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
2010 6 AUG	£177,500	£255,250	30% below HPI
2004 12 FEB	£145,000	£208,348	30% below HPI

22 FAIRMOUNT DRIVE 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 22 FAIRMOUNT DRIVE sales from February 2004 and August 2010 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 February 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2010 sale, which was also at 30% below the HPI.

How Large is 22 FAIRMOUNT DRIVE?

22 FAIRMOUNT DRIVE is 71m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 22 FAIRMOUNT DRIVE lies on this distribution: 17% of detached houses are smaller than 22 FAIRMOUNT DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Newport.

22 FAIRMOUNT DRIVE: Plot and Title Map

22 FAIRMOUNT DRIVE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 22 FAIRMOUNT DRIVE, 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 22 FAIRMOUNT DRIVE). 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 22 FAIRMOUNT DRIVE?

22 FAIRMOUNT DRIVE is located in NEWPORT, in the PO30 postcode district. The below map shows the position of No. 22 on FAIRMOUNT DRIVE.