GREEN HAILEY, HOOKE HILL, FRESHWATER, PO40 9BG - £372,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GREEN HAILEY is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £372,500 in October 2022, which was around 14% below the average October 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

GREEN HAILEY Sold Prices

Land registry data shows two sales for GREEN HAILEY 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 GREEN HAILEY 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
2022 12 OCT	£372,500	£434,076	14% below HPI
1995 15 DEC	£59,950	£69,849	14% below HPI

GREEN HAILEY 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 GREEN HAILEY sales from December 1995 and October 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 December 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, which was also at 14% below the HPI.

How Large is GREEN HAILEY?

GREEN HAILEY is 83m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where GREEN HAILEY lies on this distribution: 35% of detached houses are smaller than GREEN HAILEY, and 63% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

GREEN HAILEY: Plot and Title Map

GREEN HAILEY sits on a plot of roughly 0.213 of an acre, or 863m². The below map shows the location of GREEN HAILEY, 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 GREEN HAILEY). 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 GREEN HAILEY?

GREEN HAILEY is located on HOOKE HILL in FRESHWATER, in the PO40 postcode district. The below map shows the position of GREEN HAILEY on HOOKE HILL.