8, FAIRFIELD WAY, TOTLAND BAY, PO39 0EF - £230,000

8 FAIRFIELD WAY is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £230,000 in March 2016, which was around 21% below the average March 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

8 FAIRFIELD WAY Sold Prices

Land registry data shows three sales for 8 FAIRFIELD WAY 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 8 FAIRFIELD WAY 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
2016 17 MAR	£230,000	£289,611	21% below HPI
2014 18 NOV	£202,500	£270,781	25% below HPI
2010 29 OCT	£162,000	£258,688	37% below HPI

8 FAIRFIELD WAY 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 8 FAIRFIELD WAY sales between October 2010 and March 2016 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 FAIRFIELD WAY?

8 FAIRFIELD WAY is 62m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Totland, based on EPC data. The below chart shows the distribution of detached houses by size in Totland, and where 8 FAIRFIELD WAY lies on this distribution: 1% of detached houses are smaller than 8 FAIRFIELD WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Totland.

8 FAIRFIELD WAY: Plot and Title Map

8 FAIRFIELD WAY sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 8 FAIRFIELD WAY, 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 8 FAIRFIELD WAY). 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 8 FAIRFIELD WAY?

8 FAIRFIELD WAY is located in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of No. 8 on FAIRFIELD WAY.