38, FLEET WAY, SHALFLEET, NEWPORT, PO30 4PR - £262,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 FLEET WAY is a large extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £262,500 in August 2006, which was around 7% above the average August 2006 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

38 FLEET WAY Sold Prices

Land registry data shows two sales for 38 FLEET WAY 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. One of the two 38 FLEET WAY sales was for above the average price, whilst the other was 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
2006 30 AUG	£262,500	£246,160	7% above HPI
2001 11 MAY	£40,000	£133,416	70% below HPI

38 FLEET WAY 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 38 FLEET WAY sales from May 2001 and August 2006 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 2001 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the August 2006 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 38 FLEET WAY?

38 FLEET WAY is 113m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 40% of detached houses in Shalfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Shalfleet, and where 38 FLEET WAY lies on this distribution: 67% of detached houses are smaller than 38 FLEET WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Shalfleet.

38 FLEET WAY: Plot and Title Map

38 FLEET WAY sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 38 FLEET WAY, 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 FLEET WAY). 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 38 FLEET WAY?

38 FLEET WAY is located in SHALFLEET, in the PO30 postcode district. The below map shows the position of No. 38 on FLEET WAY.