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

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

11 PADDOCK CLOSE is a very large extended detached house of 218m², built sometime between 1976 and 1982. It was last sold for £425,000 in January 2024, which was around 51% 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	£280,904	51% above HPI
2006 22 JUN	£410,000	£221,611	85% above HPI
2001 19 MAR	£227,500	£102,897	121% 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 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the January 2024 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

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 in Cleadon, based on EPC data. The below chart shows the distribution of detached houses by size in Cleadon, and where 11 PADDOCK CLOSE lies on this distribution: 81% of detached 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.