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
38 FAIRFIELD GARDENS is a large detached house of 122m², built sometime between 1996 and 2002. It was last sold for £249,950 in June 2016, which was around 13% below the average June 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 38 FAIRFIELD GARDENS 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. One of the two 38 FAIRFIELD GARDENS sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2016 17 JUN | £249,950 | £286,647 | 13% below HPI |
1996 24 MAY | £85,000 | £69,152 | 23% above 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 38 FAIRFIELD GARDENS sales from May 1996 and June 2016 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 May 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
38 FAIRFIELD GARDENS is 122m² according to the EPC inspection conducted in February 2012. This puts it in the largest 30% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 38 FAIRFIELD GARDENS lies on this distribution: 78% of detached houses are smaller than 38 FAIRFIELD GARDENS, and 22% of houses are larger. Note that EPC data is not available for all properties in Sandown.
38 FAIRFIELD GARDENS sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 38 FAIRFIELD GARDENS, 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 38 FAIRFIELD GARDENS). 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.
38 FAIRFIELD GARDENS is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 38 on FAIRFIELD GARDENS.