Yes. Sitting idle at the desktop, your cpu speed should read 1.6ghz or less after a few seconds.
Your vcore should read 1.0ish, maybe less.
As I said, you should be in the 30s somewhere in that state with a 70F ambient.
Edit: It should clock down to 800mhz at complete idle, voltage may not drop much, especially if you used MCE or cranked up LLC. My H5 is better than the 7 but not by a wide margin and I'm sub-30C idle - just checked.
Might want to try and re-mount the cooler with new thermal paste. Could be a screwy sensor - have you tried different programs to read it?