7, STARKS CLOSE, SHORWELL, NEWPORT, PO30 3LR - £287,500

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.

7 STARKS CLOSE is a small semi-detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £353,882. It was last sold for £287,500 in September 2020, which was around 24% above the average September 2020 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

7 STARKS CLOSE Sold Prices

Land registry data shows four sales for 7 STARKS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 7 STARKS CLOSE 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
2020 18 SEP	£287,500	£231,677	24% above HPI
2013 3 APR	£185,000	£164,947	12% above HPI
1999 28 APR	£91,000	£61,825	47% above HPI
1996 11 APR	£59,000	£45,104	31% above HPI

7 STARKS CLOSE 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 four 7 STARKS CLOSE sales between April 1996 and September 2020 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 April 2013 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 7 STARKS CLOSE be worth now?

7 STARKS CLOSE might now be worth an estimated £353,882.

This is based on house price inflation of 23.1%, between September 2020 and February 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 23.1% inflationary increase is applied to the most recent sale price for 7 STARKS CLOSE of £287,500 on 18th September 2020. For the value to have increased from £287,500 to £353,882 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 STARKS CLOSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The September 2020 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 7 STARKS CLOSE has not materially changed since September 2020.

How Large is 7 STARKS CLOSE?

7 STARKS CLOSE is 100m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% 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 7 STARKS CLOSE lies on this distribution: 28% of semi-detached houses houses are smaller than 7 STARKS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

7 STARKS CLOSE: Plot and Title Map

7 STARKS CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 7 STARKS 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 7 STARKS 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 7 STARKS CLOSE?

7 STARKS CLOSE is located in SHORWELL, in the PO30 postcode district. The below map shows the position of No. 7 on STARKS CLOSE.