FAIRACRE COTTAGE, FIRESTONE COPSE ROAD, WOOTTON BRIDGE, RYDE, PO33 4LQ - £400,000

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.

FAIRACRE COTTAGE is a small extended detached house of 133m², built sometime between 1950 and 1966, which could now be worth an estimated £576,611. It was last sold for £400,000 in January 2016, which was around 42% above the average January 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

FAIRACRE COTTAGE Sold Prices

Land registry data shows two sales for FAIRACRE COTTAGE 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 FAIRACRE COTTAGE sales was for above the average price, whilst the other was roughly equal to 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 7 JAN	£400,000	£282,420	42% above HPI
2013 9 AUG	£250,000	£250,038	Close to HPI

FAIRACRE COTTAGE 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 FAIRACRE COTTAGE sales from August 2013 and January 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 August 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2016 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might FAIRACRE COTTAGE be worth now?

FAIRACRE COTTAGE might now be worth an estimated £576,611.

This is based on house price inflation of 44.2%, between January 2016 and February 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 44.2% inflationary increase is applied to the most recent sale price for FAIRACRE COTTAGE of £400,000 on 7th January 2016. For the value to have increased from £400,000 to £576,611 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of FAIRACRE COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2016 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRACRE COTTAGE has not materially changed since January 2016.

How Large is FAIRACRE COTTAGE?

FAIRACRE COTTAGE is 133m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fishbourne, and where FAIRACRE COTTAGE lies on this distribution: 35% of detached houses houses are smaller than FAIRACRE COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

FAIRACRE COTTAGE: Plot and Title Map

FAIRACRE COTTAGE sits on a plot of roughly 0.331 of an acre, or 1,341m². The below map shows the location of FAIRACRE COTTAGE, 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 FAIRACRE COTTAGE). 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 FAIRACRE COTTAGE?

FAIRACRE COTTAGE is located on FIRESTONE COPSE ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of FAIRACRE COTTAGE on FIRESTONE COPSE ROAD.