Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 THE PADDOCKS is a very large detached house of 147m², built sometime between 1996 and 2002. It was last sold for £212,500 in July 2014, which was around 33% above the average July 2014 detached price in the County Durham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 THE PADDOCKS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 1 THE PADDOCKS 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 |
---|---|---|---|
2014 11 JUL | £212,500 | £159,649 | 33% above HPI |
2001 21 DEC | £147,000 | £86,165 | 71% 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 two 1 THE PADDOCKS sales from December 2001 and July 2014 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 December 2001 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the July 2014 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.
1 THE PADDOCKS is 147m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Gainford, based on EPC data. The below chart shows the distribution of detached houses by size in Gainford, and where 1 THE PADDOCKS lies on this distribution: 85% of detached houses are smaller than 1 THE PADDOCKS, and 15% of houses are larger. Note that EPC data is not available for all properties in Gainford.
1 THE PADDOCKS sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 1 THE PADDOCKS, 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 PADDOCKS). 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 PADDOCKS is located in GAINFORD, in the DL2 postcode district. The below map shows the position of No. 1 on THE PADDOCKS.