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

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

3 SIMMONDS CLOSE is a small extended detached house of 76m², built sometime between 1976 and 1982. It was last sold for £270,000 in October 2016, which was around 7% 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	£291,518	7% below HPI
2003 15 DEC	£168,500	£208,499	19% below HPI
2002 31 OCT	£131,500	£178,593	26% below HPI
2000 15 NOV	£95,000	£132,709	28% below HPI
1998 30 SEP	£75,000	£92,265	19% 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

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 in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where 3 SIMMONDS CLOSE lies on this distribution: 28% of detached 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.