PITCH PLACE, FINE LANE, SHORWELL, NEWPORT, PO30 3JY - £333,000

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.

PITCH PLACE is a very small detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £560,562. It was last sold for £333,000 in September 2011, which was around 38% above the average September 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

PITCH PLACE Sold Prices

Land registry data shows three sales for PITCH PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three PITCH PLACE 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
2011 21 SEP	£333,000	£241,846	38% above HPI
2006 4 AUG	£316,000	£241,028	31% above HPI
2002 10 JUL	£227,000	£164,211	38% above HPI

PITCH PLACE 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 three PITCH PLACE sales between July 2002 and September 2011 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 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2011 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might PITCH PLACE be worth now?

PITCH PLACE might now be worth an estimated £560,562.

This is based on house price inflation of 68.3%, between September 2011 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 68.3% inflationary increase is applied to the most recent sale price for PITCH PLACE of £333,000 on 21st September 2011. For the value to have increased from £333,000 to £560,562 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of PITCH PLACE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2011 sale price of £333,000 represented a fair market value for the property.
• The size, condition, and specification of PITCH PLACE has not materially changed since September 2011.

How Large is PITCH PLACE?

PITCH PLACE is 84m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 20% 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 PITCH PLACE lies on this distribution: 11% of detached houses houses are smaller than PITCH PLACE, and 89% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

PITCH PLACE: Plot and Title Map

PITCH PLACE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of PITCH PLACE, 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 PITCH PLACE). 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 PITCH PLACE?

PITCH PLACE is located on FINE LANE in SHORWELL, in the PO30 postcode district. The below map shows the position of PITCH PLACE on FINE LANE.