CHELSFIELD, GALLEY LANE, BRIGHSTONE, NEWPORT, PO30 4BT - £250,000

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

CHELSFIELD is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £250,000 in November 2014, which was around 8% below the average November 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was D.

CHELSFIELD Sold Prices

Land registry data shows two sales for CHELSFIELD 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 CHELSFIELD 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
2014 11 NOV	£250,000	£270,781	8% below HPI
1997 17 DEC	£72,250	£84,767	15% below HPI

CHELSFIELD 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 CHELSFIELD sales from December 1997 and November 2014 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 December 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is CHELSFIELD?

CHELSFIELD is 75m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses by size in Brighstone, and where CHELSFIELD lies on this distribution: 18% of detached houses are smaller than CHELSFIELD, and 80% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

CHELSFIELD: Plot and Title Map

CHELSFIELD sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of CHELSFIELD, 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 CHELSFIELD). 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 CHELSFIELD?

CHELSFIELD is located on GALLEY LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of CHELSFIELD on GALLEY LANE.