MULBERRY COTTAGE, HOOKE HILL, FRESHWATER, PO40 9BG - £450,000

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

MULBERRY COTTAGE is a very large detached house of 146m², built sometime between 1976 and 1982. It was last sold for £450,000 in January 2022, which was around 10% above the average January 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

MULBERRY COTTAGE Sold Prices

Land registry data shows five sales for MULBERRY COTTAGE 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 MULBERRY COTTAGE 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
2022 17 JAN	£450,000	£409,621	10% above HPI
2009 27 AUG	£290,000	£235,539	23% above HPI
2000 26 JUL	£158,000	£123,462	28% above HPI
1999 24 SEP	£130,000	£103,136	26% above HPI
1995 10 FEB	£85,000	£69,350	23% above HPI

MULBERRY COTTAGE 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 MULBERRY COTTAGE sales between February 1995 and January 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 August 2009 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the January 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is MULBERRY COTTAGE?

MULBERRY COTTAGE is 146m² according to the EPC inspection conducted in October 2021. 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 MULBERRY COTTAGE lies on this distribution: 84% of detached houses are smaller than MULBERRY COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

MULBERRY COTTAGE: Plot and Title Map

MULBERRY COTTAGE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of MULBERRY COTTAGE, 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 MULBERRY COTTAGE). 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 MULBERRY COTTAGE?

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