FAIRWINDS, NEW ROAD, BRIGHSTONE, NEWPORT, PO30 4BB - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIRWINDS is a midsized extended detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £414,060. It was last sold for £415,000 in May 2022, which was around 2% above the average May 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2017, where the current energy rating was E, and the potential energy rating was C.

FAIRWINDS Sold Prices

Land registry data shows four sales for FAIRWINDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the four FAIRWINDS sales were 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 27 MAY	£415,000	£408,040	2% above HPI
2015 28 MAY	£185,000	£262,538	30% below HPI
2015 11 MAY	£105,000	£262,538	60% below HPI
2000 9 JUN	£77,500	£118,590	35% below 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 four FAIRWINDS sales between June 2000 and May 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 May 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might FAIRWINDS be worth now?

FAIRWINDS might now be worth an estimated £414,060.

This is based on house price deflation of 0.2%, between May 2022 and February 2025, 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 0.2% deflationary decrease is applied to the most recent sale price for FAIRWINDS of £415,000 on 27th May 2022. For the value to have decreased from £415,000 to £414,060 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of FAIRWINDS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWINDS has not materially changed since May 2022.

How Large is FAIRWINDS?

FAIRWINDS is 93m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 50% 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 FAIRWINDS lies on this distribution: 42% of detached houses houses are smaller than FAIRWINDS, and 57% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

FAIRWINDS: Plot and Title Map

FAIRWINDS sits on a plot of roughly 0.079 of an acre, or 321m². 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 NEW ROAD in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of FAIRWINDS on NEW ROAD.