Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 THE PADDOCK is a large detached house of 146m², built sometime between 2003 and 2006. It was last sold for £330,000 in July 2013, which was around 107% above the average July 2013 detached price in the County Durham local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 THE PADDOCK since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 1 THE PADDOCK 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 |
---|---|---|---|
2013 29 JUL | £330,000 | £159,551 | 107% above HPI |
2008 3 OCT | £297,000 | £184,396 | 61% above HPI |
2004 3 SEP | £300,000 | £155,060 | 93% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 1 THE PADDOCK sales between September 2004 and July 2013 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 October 2008 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2013 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.
1 THE PADDOCK is 146m² according to the EPC inspection conducted in December 2012. This puts it in the largest 40% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 1 THE PADDOCK lies on this distribution: 65% of detached houses are smaller than 1 THE PADDOCK, and 34% of houses are larger. Note that EPC data is not available for all properties in Durham.
1 THE PADDOCK sits on a plot of roughly 0.451 of an acre, or 1,825m². The below map shows the location of 1 THE PADDOCK, 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 1 THE PADDOCK). 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.
1 THE PADDOCK is located in BELMONT, in the DH1 postcode district. The below map shows the position of No. 1 on THE PADDOCK.