15, HOOKE CLOSE, FRESHWATER, PO40 9FZ - £599,950

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.

15 HOOKE CLOSE is a very large detached house of 146m², which could now be worth an estimated £598,591. It was last sold for £599,950 in May 2022, which was around 47% above the average May 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

15 HOOKE CLOSE Sold Prices

Land registry data shows two sales for 15 HOOKE CLOSE 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 15 HOOKE CLOSE 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
2022 25 MAY	£599,950	£408,040	47% above HPI
2020 17 NOV	£435,000	£353,880	23% above HPI

15 HOOKE CLOSE 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 15 HOOKE CLOSE sales from November 2020 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 November 2020 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 15 HOOKE CLOSE be worth now?

15 HOOKE CLOSE might now be worth an estimated £598,591.

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 15 HOOKE CLOSE of £599,950 on 25th May 2022. For the value to have decreased from £599,950 to £598,591 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 15 HOOKE CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2022 sale price of £599,950 represented a fair market value for the property.
• The size, condition, and specification of 15 HOOKE CLOSE has not materially changed since May 2022.

How Large is 15 HOOKE CLOSE?

15 HOOKE CLOSE is 146m² according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Freshwater, and where 15 HOOKE CLOSE lies on this distribution: 84% of detached houses houses are smaller than 15 HOOKE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

15 HOOKE CLOSE: Plot and Title Map

15 HOOKE CLOSE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 15 HOOKE CLOSE, 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 15 HOOKE CLOSE). 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 15 HOOKE CLOSE?

15 HOOKE CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 15 on HOOKE CLOSE.