11, THE PADDOCKS, ELSTON, NEWARK, NG23 5PH - £250,000

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 THE PADDOCKS is a small detached house of 126m², built sometime between 1991 and 1995. It was last sold for £250,000 in December 2010, which was around 18% above the average December 2010 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

11 THE PADDOCKS Sold Prices

Land registry data shows three sales for 11 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. All of the three 11 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
2010 9 DEC	£250,000	£212,491	18% above HPI
2003 26 JUN	£215,000	£165,839	30% above HPI
1995 21 JUL	£95,000	£72,067	32% above HPI

11 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 11 THE PADDOCKS sales between July 1995 and December 2010 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 2003 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2010 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 11 THE PADDOCKS?

11 THE PADDOCKS is 126m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% of detached houses in Elston, based on EPC data. The below chart shows the distribution of detached houses by size in Elston, and where 11 THE PADDOCKS lies on this distribution: 36% of detached houses are smaller than 11 THE PADDOCKS, and 64% of houses are larger. Note that EPC data is not available for all properties in Elston.

11 THE PADDOCKS: Plot and Title Map

11 THE PADDOCKS sits on a plot of roughly 0.227 of an acre, or 920m². The below map shows the location of 11 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 11 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 11 THE PADDOCKS?

11 THE PADDOCKS is located in ELSTON, in the NG23 postcode district. The below map shows the position of No. 11 on THE PADDOCKS.