18, HOOKE CLOSE, FRESHWATER, PO40 9FZ - £550,000

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

18 HOOKE CLOSE is a very large detached house of 146m². It was last sold for £550,000 in June 2023, which was around 28% above the average June 2023 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.

18 HOOKE CLOSE Sold Prices

Land registry data shows two sales for 18 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 18 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
2023 2 JUN	£550,000	£429,262	28% above HPI
2020 17 DEC	£420,000	£368,126	14% above HPI

18 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 18 HOOKE CLOSE sales from December 2020 and June 2023 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 December 2020 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2023 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 18 HOOKE CLOSE?

18 HOOKE CLOSE is 146m² according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where 18 HOOKE CLOSE lies on this distribution: 84% of detached houses are smaller than 18 HOOKE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

18 HOOKE CLOSE: Plot and Title Map

18 HOOKE CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 18 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 18 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 18 HOOKE CLOSE?

18 HOOKE CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 18 on HOOKE CLOSE.