10, THE PADDOCKS, ELSTON, NEWARK, NG23 5PH - £280,000

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

10 THE PADDOCKS is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £280,000 in January 2020, which was around 4% above the average January 2020 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

10 THE PADDOCKS Sold Prices

Land registry data shows three sales for 10 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the three 10 THE PADDOCKS sales was for above the average price, whilst two were for below 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
2020 31 JAN	£280,000	£268,877	4% above HPI
2011 7 OCT	£163,000	£205,564	21% below HPI
1998 1 SEP	£76,500	£87,139	12% below HPI

10 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 10 THE PADDOCKS sales between September 1998 and January 2020 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 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 10 THE PADDOCKS?

10 THE PADDOCKS is 87m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 20% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 10 THE PADDOCKS lies on this distribution: 13% of detached houses are smaller than 10 THE PADDOCKS, and 88% of houses are larger. Note that EPC data is not available for all properties in Elston.

10 THE PADDOCKS: Plot and Title Map

10 THE PADDOCKS sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 10 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 10 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.

Where is 10 THE PADDOCKS?

10 THE PADDOCKS is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 10 on THE PADDOCKS.