FAIRWINDS, BUCKBURY LANE, NEWPORT, PO30 2NJ - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRWINDS is a small detached house of 85m², built sometime between 1930 and 1949. It was last sold for £315,000 in November 2018, which was around 2% below the average November 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

FAIRWINDS Sold Prices

Land registry data shows two sales for FAIRWINDS 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 FAIRWINDS sales was for below 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
2018 15 NOV	£315,000	£319,862	2% below HPI
2001 25 JUN	£135,000	£134,781	Close to HPI

FAIRWINDS 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 FAIRWINDS sales from June 2001 and November 2018 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 June 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is FAIRWINDS?

FAIRWINDS is 85m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where FAIRWINDS lies on this distribution: 35% of detached houses are smaller than FAIRWINDS, and 64% of houses are larger. Note that EPC data is not available for all properties in Newport.

FAIRWINDS: Plot and Title Map

FAIRWINDS sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of FAIRWINDS, 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 FAIRWINDS). 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 FAIRWINDS?

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