7, PADDOCK CLOSE, RYDE, PO33 3FG - £525,000

7 PADDOCK CLOSE is a very large detached house of 163m², built in 2021. It was last sold for £525,000 in October 2021, which was around 37% 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 B, and the potential energy rating was B.

7 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 7 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 7 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
2021 27 OCT	£525,000	£384,208	37% above HPI
2019 22 NOV	£120,000	£328,737	63% below 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 two 7 PADDOCK CLOSE sales from November 2019 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 November 2019 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the October 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 7 PADDOCK CLOSE?

7 PADDOCK CLOSE is 163m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 7 PADDOCK CLOSE lies on this distribution: 87% of detached houses are smaller than 7 PADDOCK CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ryde.

7 PADDOCK CLOSE: Plot and Title Map

7 PADDOCK CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². 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 RYDE, in the PO33 postcode district. The below map shows the position of No. 7 on PADDOCK CLOSE.