12, THE PADDOCKS, MILEHAM, KING'S LYNN, PE32 2QY - £275,000

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

12 THE PADDOCKS is a large detached house of 141m², built sometime from 2007 onwards. It was last sold for £275,000 in March 2014, which was around 25% above the average March 2014 detached price in the Breckland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

12 THE PADDOCKS Sold Prices

Land registry data shows three sales for 12 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 Breckland local authority area for the corresponding sale date. All of the three 12 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 MAR	£275,000	£220,147	25% above HPI
2011 25 NOV	£240,000	£208,614	15% above HPI
2011 24 MAY	£240,000	£200,684	20% above HPI

12 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 12 THE PADDOCKS sales between May 2011 and March 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 November 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2014 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 12 THE PADDOCKS?

12 THE PADDOCKS is 141m² according to the EPC inspection conducted in September 2011. This puts it in the largest 30% of detached houses in Mileham, based on EPC data. The below chart shows the distribution of detached houses by size in Mileham, and where 12 THE PADDOCKS lies on this distribution: 71% of detached houses are smaller than 12 THE PADDOCKS, and 29% of houses are larger. Note that EPC data is not available for all properties in Mileham.

12 THE PADDOCKS: Plot and Title Map

12 THE PADDOCKS sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 12 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 12 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 12 THE PADDOCKS?

12 THE PADDOCKS is located in MILEHAM, in the PE32 postcode district. The below map shows the position of No. 12 on THE PADDOCKS.