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

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

FAIRFIELDS is a small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £525,000 in July 2022, which was around 24% 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	£424,658	24% above HPI
1999 17 AUG	£83,000	£99,752	17% 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

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