1, PADDOCK CLOSE, RYDE, PO33 3FG - £462,500

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.

1 PADDOCK CLOSE is a midsized detached house of 108m², built in 2020, which could now be worth an estimated £404,973. It was last sold for £462,500 in December 2022, which was around 7% above the average December 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

1 PADDOCK CLOSE Sold Prices

Land registry data shows one sale for 1 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 9 DEC	£462,500	£433,092	7% above HPI

What might 1 PADDOCK CLOSE be worth now?

1 PADDOCK CLOSE might now be worth an estimated £404,973.

This is based on house price deflation of 12.4%, between December 2022 and April 2026, 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 12.4% deflationary decrease is applied to the most recent sale price for 1 PADDOCK CLOSE of £462,500 on 9th December 2022. For the value to have decreased from £462,500 to £404,973 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 1 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2022 sale price of £462,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PADDOCK CLOSE has not materially changed since December 2022.

How Large is 1 PADDOCK CLOSE?

1 PADDOCK CLOSE is 108m² according to the EPC inspection conducted in May 2021. This puts it in the largest 50% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 1 PADDOCK CLOSE lies on this distribution: 52% of detached houses are smaller than 1 PADDOCK CLOSE, and 48% of detached houses are larger. Note that EPC data is not available for all properties in Ryde.

1 PADDOCK CLOSE: Plot

1 PADDOCK CLOSE sits on a plot of roughly 0.074 of an acre, or 299m².

Where is 1 PADDOCK CLOSE?

1 PADDOCK CLOSE is located in RYDE, in the PO33 postcode district.