5, PADDOCK DRIVE, BEMBRIDGE, PO35 5TL - £380,000

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.

5 PADDOCK DRIVE is a large semi-detached house of 138m², built sometime between 1976 and 1982, which could now be worth an estimated £520,644. It was last sold for £380,000 in August 2017, which was around 87% above the average August 2017 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

5 PADDOCK DRIVE Sold Prices

Land registry data shows four sales for 5 PADDOCK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 5 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
2017 22 AUG	£380,000	£203,085	87% above HPI
2017 18 APR	£360,000	£199,428	81% above HPI
2012 27 APR	£340,000	£168,152	102% above HPI
1999 27 JUL	£114,000	£62,569	82% above HPI

5 PADDOCK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 5 PADDOCK DRIVE sales between July 1999 and August 2017 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 2017 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the August 2017 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might 5 PADDOCK DRIVE be worth now?

5 PADDOCK DRIVE might now be worth an estimated £520,644.

This is based on house price inflation of 37%, between August 2017 and August 2025, for semi-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 37% inflationary increase is applied to the most recent sale price for 5 PADDOCK DRIVE of £380,000 on 22nd August 2017. For the value to have increased from £380,000 to £520,644 over the eight years to August 2025, the following assumptions must hold true:

• The value of 5 PADDOCK DRIVE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The August 2017 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PADDOCK DRIVE has not materially changed since August 2017.

How Large is 5 PADDOCK DRIVE?

5 PADDOCK DRIVE is 138m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of semi-detached houses houses in Bembridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bembridge, and where 5 PADDOCK DRIVE lies on this distribution: 65% of semi-detached houses houses are smaller than 5 PADDOCK DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

5 PADDOCK DRIVE: Plot and Title Map

5 PADDOCK DRIVE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 5 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 5 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 5 PADDOCK DRIVE?

5 PADDOCK DRIVE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 5 on PADDOCK DRIVE.