4, PADDOCK CLOSE, RYDE, PO33 3FG - £590,000

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.

4 PADDOCK CLOSE is a large detached house of 144m², built in 2021, which could now be worth an estimated £597,214. It was last sold for £590,000 in February 2024, which was around 47% above the average February 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was B.

4 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 4 PADDOCK 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. One of the two 4 PADDOCK CLOSE sales was for above the average price, whilst the other was 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
2024 6 FEB	£590,000	£402,198	47% above HPI
2019 22 NOV	£115,000	£321,884	64% below HPI

4 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 two 4 PADDOCK CLOSE sales from November 2019 and February 2024 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 November 2019 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the February 2024 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 4 PADDOCK CLOSE be worth now?

4 PADDOCK CLOSE might now be worth an estimated £597,214.

This is based on house price inflation of 1.2%, between February 2024 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 1.2% inflationary increase is applied to the most recent sale price for 4 PADDOCK CLOSE of £590,000 on 6th February 2024. For the value to have increased from £590,000 to £597,214 over the one year to February 2025, the following assumptions must hold true:

• The value of 4 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2024 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PADDOCK CLOSE has not materially changed since February 2024.

How Large is 4 PADDOCK CLOSE?

4 PADDOCK CLOSE is 144m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 4 PADDOCK CLOSE lies on this distribution: 80% of detached houses houses are smaller than 4 PADDOCK CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Ryde.

4 PADDOCK CLOSE: Plot and Title Map

4 PADDOCK CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 4 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 4 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 4 PADDOCK CLOSE?

4 PADDOCK CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 4 on PADDOCK CLOSE.