11, PADDOCK CLOSE, CLEADON, SUNDERLAND, SR6 7RN - £425,000

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

11 PADDOCK CLOSE is a very large extended detached house of 218m², built sometime between 1976 and 1982, which could now be worth an estimated £453,930. It was last sold for £425,000 in January 2024, which was around 49% above the average January 2024 detached price in the South Tyneside local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

11 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 11 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. All of the three 11 PADDOCK CLOSE 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
2024 26 JAN	£425,000	£284,733	49% above HPI
2006 22 JUN	£410,000	£225,060	82% above HPI
2001 19 MAR	£227,500	£104,498	118% above HPI

11 PADDOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The three 11 PADDOCK CLOSE sales between March 2001 and January 2024 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 June 2006 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the January 2024 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 11 PADDOCK CLOSE be worth now?

11 PADDOCK CLOSE might now be worth an estimated £453,930.

This is based on house price inflation of 6.8%, between January 2024 and December 2024, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.8% inflationary increase is applied to the most recent sale price for 11 PADDOCK CLOSE of £425,000 on 26th January 2024. For the value to have increased from £425,000 to £453,930 over the one month to December 2024, the following assumptions must hold true:

• The value of 11 PADDOCK CLOSE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The January 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PADDOCK CLOSE has not materially changed since January 2024.

How Large is 11 PADDOCK CLOSE?

11 PADDOCK CLOSE is 218m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% of detached houses houses in Cleadon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cleadon, and where 11 PADDOCK CLOSE lies on this distribution: 81% of detached houses houses are smaller than 11 PADDOCK CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Cleadon.

11 PADDOCK CLOSE: Plot and Title Map

11 PADDOCK CLOSE sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 11 PADDOCK CLOSE, 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 11 PADDOCK CLOSE). 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 11 PADDOCK CLOSE?

11 PADDOCK CLOSE is located in CLEADON, in the SR6 postcode district. The below map shows the position of No. 11 on PADDOCK CLOSE.