2, 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.

2 STARKS CLOSE is a midsized detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £357,741. It was last sold for £287,500 in June 2020, which was around 12% below the average June 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

2 STARKS CLOSE Sold Prices

Land registry data shows two sales for 2 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. Both of the two 2 STARKS CLOSE sales were for below 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 17 JUN	£287,500	£327,180	12% below HPI
2011 30 MAR	£215,000	£250,657	14% below HPI

2 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 2 STARKS CLOSE sales from March 2011 and June 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 March 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2020 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 2 STARKS CLOSE be worth now?

2 STARKS CLOSE might now be worth an estimated £357,741.

This is based on house price inflation of 24.4%, between June 2020 and February 2025, for 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 24.4% inflationary increase is applied to the most recent sale price for 2 STARKS CLOSE of £287,500 on 17th June 2020. For the value to have increased from £287,500 to £357,741 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 2 STARKS CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2020 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 2 STARKS CLOSE has not materially changed since June 2020.

How Large is 2 STARKS CLOSE?

2 STARKS CLOSE is 118m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shorwell, and where 2 STARKS CLOSE lies on this distribution: 48% of detached houses houses are smaller than 2 STARKS CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

2 STARKS CLOSE: Plot and Title Map

2 STARKS CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 2 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 2 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 2 STARKS CLOSE?

2 STARKS CLOSE is located in SHORWELL, in the PO30 postcode district. The below map shows the position of No. 2 on STARKS CLOSE.