24, PADDOCK DRIVE, BEMBRIDGE, PO35 5TL - £1,600,000

24 PADDOCK DRIVE is a very large extended detached house of 417m², built sometime between 1967 and 1975. It was last sold for £1,600,000 in October 2021, which was around 316% above the average October 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

24 PADDOCK DRIVE Sold Prices

Land registry data shows two sales for 24 PADDOCK DRIVE 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. Both of the two 24 PADDOCK DRIVE 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
2021 25 OCT	£1,600,000	£384,208	316% above HPI
1998 24 APR	£272,250	£84,592	222% above HPI

24 PADDOCK DRIVE 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 24 PADDOCK DRIVE sales from April 1998 and October 2021 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 April 1998 sale was for 222% above the HPI. So the extrapolation line tracks at 222% above the HPI over time, until the October 2021 sale, where it rises to 316% above the HPI. The line then continues to track at 316% above the HPI.

How Large is 24 PADDOCK DRIVE?

24 PADDOCK DRIVE is 417m², which includes four extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where 24 PADDOCK DRIVE lies on this distribution: 99% of detached houses are smaller than 24 PADDOCK DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

24 PADDOCK DRIVE: Plot and Title Map

24 PADDOCK DRIVE sits on a plot of roughly 0.999 of an acre, or 4,044m². The below map shows the location of 24 PADDOCK DRIVE, 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 24 PADDOCK DRIVE). 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 24 PADDOCK DRIVE?

24 PADDOCK DRIVE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 24 on PADDOCK DRIVE.