\d{1,3}
will match numbers like 00
or 333
as well which wouldn't be a valid ID.
This is an excellent answer from smink, citing:
ValidIpAddressRegex = "^(([0-9]|[1-9][0-9]|1[0-9]{2}|2[0-4][0-9]|25[0-5])\.){3}([0-9]|[1-9][0-9]|1[0-9]{2}|2[0-4][0-9]|25[0-5])$";