8, STARKS CLOSE, SHORWELL, NEWPORT, PO30 3LR - £230,000

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.

8 STARKS CLOSE is a small semi-detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £316,975. It was last sold for £230,000 in October 2017, which was around 12% above the average October 2017 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

8 STARKS CLOSE Sold Prices

Land registry data shows two sales for 8 STARKS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 8 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
2017 16 OCT	£230,000	£206,086	12% above HPI
1995 11 AUG	£66,000	£45,288	46% above HPI

8 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 two 8 STARKS CLOSE sales from August 1995 and October 2017 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 1995 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2017 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 STARKS CLOSE be worth now?

8 STARKS CLOSE might now be worth an estimated £316,975.

This is based on house price inflation of 37.8%, between October 2017 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 37.8% inflationary increase is applied to the most recent sale price for 8 STARKS CLOSE of £230,000 on 16th October 2017. For the value to have increased from £230,000 to £316,975 over the eight years and seven months to March 2025, the following assumptions must hold true:

• The value of 8 STARKS CLOSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The October 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STARKS CLOSE has not materially changed since October 2017.

How Large is 8 STARKS CLOSE?

8 STARKS CLOSE is 102m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% 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 8 STARKS CLOSE lies on this distribution: 33% of semi-detached houses houses are smaller than 8 STARKS CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

8 STARKS CLOSE: Plot and Title Map

8 STARKS CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 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 8 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 8 STARKS CLOSE?

8 STARKS CLOSE is located in SHORWELL, in the PO30 postcode district. The below map shows the position of No. 8 on STARKS CLOSE.