5, PADDOCK CLOSE, RYDE, PO33 3FG - £110,000

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 CLOSE is a large detached house of 144m², built in 2023, which could now be worth an estimated £128,951. It was last sold for £110,000 in March 2020, which was around 66% below the average March 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2023, where the current energy rating was A, and the potential energy rating was A.

5 PADDOCK CLOSE Sold Prices

Land registry data shows one sale for 5 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
2020 6 MAR	£110,000	£325,587	66% below HPI

What might 5 PADDOCK CLOSE be worth now?

5 PADDOCK CLOSE might now be worth an estimated £128,951.

This is based on house price inflation of 17.2%, between March 2020 and March 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 17.2% inflationary increase is applied to the most recent sale price for 5 PADDOCK CLOSE of £110,000 on 6th March 2020. For the value to have increased from £110,000 to £128,951 over the six years to March 2026, the following assumptions must hold true:

• The value of 5 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2020 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PADDOCK CLOSE has not materially changed since March 2020.

How Large is 5 PADDOCK CLOSE?

5 PADDOCK CLOSE is 144m² according to the EPC inspection conducted in February 2023. 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 5 PADDOCK CLOSE lies on this distribution: 79% of detached houses are smaller than 5 PADDOCK CLOSE, and 20% of detached houses are larger. Note that EPC data is not available for all properties in Ryde.

5 PADDOCK CLOSE: Plot

5 PADDOCK CLOSE sits on a plot of roughly 0.094 of an acre, or 379m².

Where is 5 PADDOCK CLOSE?

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