1, FIVE BELLS, MAIN ROAD, SHORWELL, NEWPORT, PO30 3JL - £265,000

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.

1 FIVE BELLS is a very small extended semi-detached house of 71m², built sometime before 1900, which could now be worth an estimated £340,040. It was last sold for £265,000 in November 2019, which was around 20% above the average November 2019 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was B.

1 FIVE BELLS Sold Prices

Land registry data shows three sales for 1 FIVE BELLS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 1 FIVE BELLS 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
2019 26 NOV	£265,000	£221,341	20% above HPI
2005 8 JUN	£172,500	£161,043	7% above HPI
2000 25 AUG	£98,000	£78,788	24% above HPI

1 FIVE BELLS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 1 FIVE BELLS sales between August 2000 and November 2019 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 June 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2019 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1 FIVE BELLS be worth now?

1 FIVE BELLS might now be worth an estimated £340,040.

This is based on house price inflation of 28.3%, between November 2019 and March 2025, for semi-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 28.3% inflationary increase is applied to the most recent sale price for 1 FIVE BELLS of £265,000 on 26th November 2019. For the value to have increased from £265,000 to £340,040 over the six years and eight months to March 2025, the following assumptions must hold true:

• The value of 1 FIVE BELLS has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The November 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FIVE BELLS has not materially changed since November 2019.

How Large is 1 FIVE BELLS?

1 FIVE BELLS is 71m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of semi-detached houses houses in Shorwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shorwell, and where 1 FIVE BELLS lies on this distribution: 3% of semi-detached houses houses are smaller than 1 FIVE BELLS, and 97% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

1 FIVE BELLS: Plot and Title Map

1 FIVE BELLS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 1 FIVE BELLS, 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 1 FIVE BELLS). 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 1 FIVE BELLS?

1 FIVE BELLS is located on MAIN ROAD in SHORWELL, in the PO30 postcode district. The below map shows the position of 1 FIVE BELLS on MAIN ROAD.