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

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

FAIRACRE COTTAGE is a small extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £400,000 in January 2016, which was around 39% 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 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
2016 7 JAN	£400,000	£288,433	39% above HPI
2013 9 AUG	£250,000	£255,361	2% below 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 was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2016 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

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 in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Fishbourne, and where FAIRACRE COTTAGE lies on this distribution: 34% of detached houses are smaller than FAIRACRE COTTAGE, and 65% 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.