7, PADDOCK CLOSE, SHORWELL, NEWPORT, PO30 3LB - £310,050

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

7 PADDOCK CLOSE is a large extended detached house of 131m², built sometime between 1976 and 1982. It was last sold for £310,050 in July 2015, which was around 13% above the average July 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

7 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 7 PADDOCK CLOSE 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 7 PADDOCK CLOSE 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
2015 14 JUL	£310,050	£274,939	13% above HPI
1997 7 JUL	£92,500	£77,911	19% above HPI
1997 4 APR	£89,500	£74,389	20% above HPI

7 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 three 7 PADDOCK CLOSE sales between April 1997 and July 2015 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 July 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 7 PADDOCK CLOSE?

7 PADDOCK CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 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 7 PADDOCK CLOSE lies on this distribution: 62% of detached houses are smaller than 7 PADDOCK CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

7 PADDOCK CLOSE: Plot and Title Map

7 PADDOCK CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 7 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 7 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 7 PADDOCK CLOSE?

7 PADDOCK CLOSE is located in SHORWELL, in the PO30 postcode district. The below map shows the position of No. 7 on PADDOCK CLOSE.