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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 STARKS CLOSE is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £287,500 in June 2020, which was around 14% 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	£334,146	14% below HPI
2011 30 MAR	£215,000	£255,993	16% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Shorwell, based on EPC data. The below chart shows the distribution of detached houses by size in Shorwell, and where 2 STARKS CLOSE lies on this distribution: 49% of detached houses are smaller than 2 STARKS CLOSE, and 51% 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.