FAIRFIELDS, CHILTON LANE, BRIGHSTONE, NEWPORT, PO30 4DR - £525,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FAIRFIELDS is a small detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £506,398. It was last sold for £525,000 in July 2022, which was around 26% above the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

FAIRFIELDS Sold Prices

Land registry data shows two sales for FAIRFIELDS 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 FAIRFIELDS 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
2022 14 JUL	£525,000	£415,806	26% above HPI
1999 17 AUG	£83,000	£97,672	15% below HPI

FAIRFIELDS 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 FAIRFIELDS sales from August 1999 and July 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 August 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might FAIRFIELDS be worth now?

FAIRFIELDS might now be worth an estimated £506,398.

This is based on house price deflation of 3.5%, between July 2022 and December 2024, 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 3.5% deflationary decrease is applied to the most recent sale price for FAIRFIELDS of £525,000 on 14th July 2022. For the value to have decreased from £525,000 to £506,398 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of FAIRFIELDS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRFIELDS has not materially changed since July 2022.

How Large is FAIRFIELDS?

FAIRFIELDS is 85m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 FAIRFIELDS lies on this distribution: 34% of detached houses houses are smaller than FAIRFIELDS, and 66% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

FAIRFIELDS: Plot and Title Map

FAIRFIELDS sits on a plot of roughly 0.234 of an acre, or 946m². The below map shows the location of FAIRFIELDS, 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 FAIRFIELDS). 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 FAIRFIELDS?

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