3, SIMMONDS CLOSE, FRESHWATER, PO40 9RF - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 SIMMONDS CLOSE is a small extended detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £385,092. It was last sold for £270,000 in October 2016, which was around 5% below the average October 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

3 SIMMONDS CLOSE Sold Prices

Land registry data shows five sales for 3 SIMMONDS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 3 SIMMONDS 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
2016 6 OCT	£270,000	£285,442	5% below HPI
2003 15 DEC	£168,500	£204,152	17% below HPI
2002 31 OCT	£131,500	£174,870	25% below HPI
2000 15 NOV	£95,000	£129,943	27% below HPI
1998 30 SEP	£75,000	£90,341	17% below HPI

3 SIMMONDS 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 five 3 SIMMONDS CLOSE sales between September 1998 and October 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 December 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 SIMMONDS CLOSE be worth now?

3 SIMMONDS CLOSE might now be worth an estimated £385,092.

This is based on house price inflation of 42.6%, between October 2016 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 42.6% inflationary increase is applied to the most recent sale price for 3 SIMMONDS CLOSE of £270,000 on 6th October 2016. For the value to have increased from £270,000 to £385,092 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 SIMMONDS CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2016 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SIMMONDS CLOSE has not materially changed since October 2016.

How Large is 3 SIMMONDS CLOSE?

3 SIMMONDS CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% 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 SIMMONDS CLOSE lies on this distribution: 28% of detached houses houses are smaller than 3 SIMMONDS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

3 SIMMONDS CLOSE: Plot and Title Map

3 SIMMONDS CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 3 SIMMONDS 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 SIMMONDS 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 SIMMONDS CLOSE?

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