12, PADDOCK CLOSE, SHORWELL, NEWPORT, PO30 3LB - £249,950

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

12 PADDOCK CLOSE is a small detached house of 102m², built sometime between 1976 and 1982. It was last sold for £249,950 in September 2013, which was around 2% below the average September 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

12 PADDOCK CLOSE Sold Prices

Land registry data shows four sales for 12 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. two of the four 12 PADDOCK CLOSE sales were for below the average price, and four 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
2013 6 SEP	£249,950	£255,877	2% below HPI
2004 26 MAR	£217,000	£210,671	3% above HPI
2002 2 JUL	£179,950	£167,707	7% above HPI
1999 12 FEB	£89,500	£91,913	3% below HPI

12 PADDOCK 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 four 12 PADDOCK CLOSE sales between February 1999 and September 2013 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 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 12 PADDOCK CLOSE?

12 PADDOCK CLOSE is 102m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 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 12 PADDOCK CLOSE lies on this distribution: 33% of detached houses are smaller than 12 PADDOCK CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

12 PADDOCK CLOSE: Plot and Title Map

12 PADDOCK CLOSE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 12 PADDOCK 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 12 PADDOCK 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 12 PADDOCK CLOSE?

12 PADDOCK CLOSE is located in SHORWELL, in the PO30 postcode district. The below map shows the position of No. 12 on PADDOCK CLOSE.