3, COOPERS CLOSE, FRESHWATER, PO40 9XD - £185,000

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.

3 COOPERS CLOSE is a very small detached house of 49m², built sometime between 1996 and 2002, which could now be worth an estimated £241,723. It was last sold for £185,000 in September 2018, which was around 41% below the average September 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

3 COOPERS CLOSE Sold Prices

Land registry data shows three sales for 3 COOPERS CLOSE 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 3 COOPERS CLOSE 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
2018 24 SEP	£185,000	£311,582	41% below HPI
2015 7 DEC	£162,500	£280,681	42% below HPI
1998 31 JUL	£68,000	£86,539	21% below HPI

3 COOPERS 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 three 3 COOPERS CLOSE sales between July 1998 and September 2018 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 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 COOPERS CLOSE be worth now?

3 COOPERS CLOSE might now be worth an estimated £241,723.

This is based on house price inflation of 30.7%, between September 2018 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 30.7% inflationary increase is applied to the most recent sale price for 3 COOPERS CLOSE of £185,000 on 24th September 2018. For the value to have increased from £185,000 to £241,723 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 COOPERS CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COOPERS CLOSE has not materially changed since September 2018.

How Large is 3 COOPERS CLOSE?

3 COOPERS CLOSE is 49m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 3 COOPERS CLOSE lies on this distribution: 1% of detached houses houses are smaller than 3 COOPERS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

3 COOPERS CLOSE: Plot and Title Map

3 COOPERS CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 3 COOPERS 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 3 COOPERS 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 3 COOPERS CLOSE?

3 COOPERS CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 3 on COOPERS CLOSE.