1, THE PADDOCK, DIPTON MILL ROAD, HEXHAM, NE46 1BP - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE PADDOCK is a very small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £396,720. It was last sold for £270,000 in May 2015, which was around 12% above the average May 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

1 THE PADDOCK Sold Prices

Land registry data shows two sales for 1 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 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
2015 5 MAY	£270,000	£241,991	12% above HPI
2008 9 MAY	£285,000	£271,813	5% above HPI

1 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 1 THE PADDOCK sales from May 2008 and May 2015 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 May 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2015 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 1 THE PADDOCK be worth now?

1 THE PADDOCK might now be worth an estimated £396,720.

This is based on house price inflation of 46.9%, between May 2015 and December 2024, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.9% inflationary increase is applied to the most recent sale price for 1 THE PADDOCK of £270,000 on 5th May 2015. For the value to have increased from £270,000 to £396,720 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 1 THE PADDOCK has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE PADDOCK has not materially changed since May 2015.

How Large is 1 THE PADDOCK?

1 THE PADDOCK is 92m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses houses in Hexham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hexham, and where 1 THE PADDOCK lies on this distribution: 10% of detached houses houses are smaller than 1 THE PADDOCK, and 90% of houses are larger. Note that EPC data is not available for all properties in Hexham.

1 THE PADDOCK: Plot and Title Map

1 THE PADDOCK sits on a plot of roughly 0.129 of an acre, or 524m². 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.

Where is 1 THE PADDOCK?

1 THE PADDOCK is located on DIPTON MILL ROAD in HEXHAM, in the NE46 postcode district. The below map shows the position of 1 THE PADDOCK on DIPTON MILL ROAD.