CHAILEY HOUSE, UPPER LANE, BRIGHSTONE, NEWPORT, PO30 4BA - £1,110,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHAILEY HOUSE is a very large detached house of 334m², built sometime between 1983 and 1990, which could now be worth an estimated £1,033,747. It was last sold for £1,110,000 in November 2022, which was around 157% above the average November 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

CHAILEY HOUSE Sold Prices

Land registry data shows five sales for CHAILEY HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five CHAILEY HOUSE sales were 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
2022 2 NOV	£1,110,000	£432,397	157% above HPI
2020 8 OCT	£970,000	£344,934	181% above HPI
2019 7 JUN	£915,000	£317,990	188% above HPI
2016 3 FEB	£750,000	£281,420	167% above HPI
2006 4 AUG	£520,000	£241,028	116% above HPI

CHAILEY HOUSE 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 five CHAILEY HOUSE sales between August 2006 and November 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 October 2020 sale was for 181% above the HPI. So the extrapolation line tracks at 181% above the HPI over time, until the November 2022 sale, where it falls to 157% above the HPI. The line then continues to track at 157% above the HPI.

What might CHAILEY HOUSE be worth now?

CHAILEY HOUSE might now be worth an estimated £1,033,747.

This is based on house price deflation of 6.9%, between November 2022 and March 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% deflationary decrease is applied to the most recent sale price for CHAILEY HOUSE of £1,110,000 on 2nd November 2022. For the value to have decreased from £1,110,000 to £1,033,747 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of CHAILEY HOUSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2022 sale price of £1,110,000 represented a fair market value for the property.
• The size, condition, and specification of CHAILEY HOUSE has not materially changed since November 2022.

How Large is CHAILEY HOUSE?

CHAILEY HOUSE is 334m² according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighstone, and where CHAILEY HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than CHAILEY HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

CHAILEY HOUSE: Plot and Title Map

CHAILEY HOUSE sits on a plot of roughly 0.765 of an acre, or 3,097m². The below map shows the location of CHAILEY HOUSE, 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 CHAILEY HOUSE). 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 CHAILEY HOUSE?

CHAILEY HOUSE is located on UPPER LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of CHAILEY HOUSE on UPPER LANE.