1, STARKS CLOSE, SHORWELL, NEWPORT, PO30 3LR - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 STARKS CLOSE is a large extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £275,000 in December 2017, which was around 11% below the average December 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

1 STARKS CLOSE Sold Prices

Land registry data shows two sales for 1 STARKS CLOSE 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. One of the two 1 STARKS CLOSE sales was for below the average price, whilst the other was 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 4 DEC	£275,000	£309,102	11% below HPI
2000 4 FEB	£139,000	£111,040	25% above HPI

1 STARKS CLOSE 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 1 STARKS CLOSE sales from February 2000 and December 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 February 2000 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 STARKS CLOSE?

1 STARKS CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the largest 40% of detached houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses by size in Shorwell, and where 1 STARKS CLOSE lies on this distribution: 62% of detached houses are smaller than 1 STARKS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

1 STARKS CLOSE: Plot and Title Map

1 STARKS CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 1 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 1 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 1 STARKS CLOSE?

1 STARKS CLOSE is located in SHORWELL, in the PO30 postcode district. The below map shows the position of No. 1 on STARKS CLOSE.