FAIRHAVEN, WHITEPIT LANE, NEWPORT, PO30 1LX - £650,000

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

FAIRHAVEN is a very large detached house of 182m², built sometime between 1930 and 1949. It was last sold for £650,000 in September 2021, which was around 75% above the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

FAIRHAVEN Sold Prices

Land registry data shows three sales for FAIRHAVEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three FAIRHAVEN sales were for above 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
2021 30 SEP	£650,000	£372,037	75% above HPI
2014 11 NOV	£428,000	£270,781	58% above HPI
2006 27 OCT	£340,000	£251,447	35% above HPI

FAIRHAVEN 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 three FAIRHAVEN sales between October 2006 and September 2021 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 November 2014 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2021 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is FAIRHAVEN?

FAIRHAVEN is 182m² according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where FAIRHAVEN lies on this distribution: 94% of detached houses are smaller than FAIRHAVEN, and 6% of houses are larger. Note that EPC data is not available for all properties in Newport.

FAIRHAVEN: Plot and Title Map

FAIRHAVEN sits on a plot of roughly 0.521 of an acre, or 2,107m². The below map shows the location of FAIRHAVEN, 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 FAIRHAVEN). 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 FAIRHAVEN?

FAIRHAVEN is located on WHITEPIT LANE in NEWPORT, in the PO30 postcode district. The below map shows the position of FAIRHAVEN on WHITEPIT LANE.