LAURELDALE, 2A, FAIRLEE ROAD, NEWPORT, PO30 2EA - £300,000

LAURELDALE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £300,000 in November 2022, which was around 32% below the average November 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

LAURELDALE Sold Prices

Land registry data shows two sales for LAURELDALE 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. Both of the two LAURELDALE 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 11 NOV	£300,000	£441,588	32% below HPI
2019 1 JUL	£185,000	£320,079	42% below HPI

LAURELDALE 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 LAURELDALE sales from July 2019 and November 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 July 2019 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is LAURELDALE?

LAURELDALE is 69m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where LAURELDALE lies on this distribution: 11% of detached houses are smaller than LAURELDALE, and 87% of houses are larger. Note that EPC data is not available for all properties in Newport.

LAURELDALE: Plot and Title Map

LAURELDALE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of LAURELDALE, 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 LAURELDALE). 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 LAURELDALE?

LAURELDALE is located on FAIRLEE ROAD in NEWPORT, in the PO30 postcode district. The below map shows the position of LAURELDALE on FAIRLEE ROAD.