16, PADDOCK CLOSE, EDWINSTOWE, MANSFIELD, NG21 9LP - £630,000

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

16 PADDOCK CLOSE is a very large extended detached house of 250m², built sometime between 1983 and 1990, which could now be worth an estimated £725,778. It was last sold for £630,000 in June 2021, which was around 106% above the average June 2021 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 C.

16 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 16 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 Newark and Sherwood local authority area for the corresponding sale date. All of the three 16 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
2021 17 JUN	£630,000	£305,542	106% above HPI
2011 8 AUG	£495,000	£215,122	130% above HPI
1998 14 SEP	£115,900	£90,713	28% above HPI

16 PADDOCK CLOSE 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 16 PADDOCK CLOSE sales between September 1998 and June 2021 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 August 2011 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the June 2021 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might 16 PADDOCK CLOSE be worth now?

16 PADDOCK CLOSE might now be worth an estimated £725,778.

This is based on house price inflation of 15.2%, between June 2021 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.2% inflationary increase is applied to the most recent sale price for 16 PADDOCK CLOSE of £630,000 on 17th June 2021. For the value to have increased from £630,000 to £725,778 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 16 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The June 2021 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PADDOCK CLOSE has not materially changed since June 2021.

How Large is 16 PADDOCK CLOSE?

16 PADDOCK CLOSE is 250m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses houses in Edwinstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edwinstowe, and where 16 PADDOCK CLOSE lies on this distribution: 99% of detached houses houses are smaller than 16 PADDOCK CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Edwinstowe.

16 PADDOCK CLOSE: Plot and Title Map

16 PADDOCK CLOSE sits on a plot of roughly 0.661 of an acre, or 2,675m². The below map shows the location of 16 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 16 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 16 PADDOCK CLOSE?

16 PADDOCK CLOSE is located in EDWINSTOWE, in the NG21 postcode district. The below map shows the position of No. 16 on PADDOCK CLOSE.