16, THE PADDOCK, ELWICK, HARTLEPOOL, TS27 3DZ - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 THE PADDOCK is a small terraced house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £264,017. It was last sold for £180,000 in June 2012, which was around 156% above the average June 2012 terraced price in the Hartlepool local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

16 THE PADDOCK Sold Prices

Land registry data shows two sales for 16 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Hartlepool local authority area for the corresponding sale date. Both of the two 16 THE PADDOCK 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
2012 29 JUN	£180,000	£70,430	156% above HPI
1997 16 OCT	£84,000	£27,629	204% above HPI

16 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hartlepool local authority area over time, sourced from the HPI. The two 16 THE PADDOCK sales from October 1997 and June 2012 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 October 1997 sale was for 204% above the HPI. So the extrapolation line tracks at 204% above the HPI over time, until the June 2012 sale, where it falls to 156% above the HPI. The line then continues to track at 156% above the HPI.

What might 16 THE PADDOCK be worth now?

16 THE PADDOCK might now be worth an estimated £264,017.

This is based on house price inflation of 46.7%, between June 2012 and July 2025, for terraced houses, in the Hartlepool local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.7% inflationary increase is applied to the most recent sale price for 16 THE PADDOCK of £180,000 on 29th June 2012. For the value to have increased from £180,000 to £264,017 over the twelve years and eleven months to July 2025, the following assumptions must hold true:

• The value of 16 THE PADDOCK has moved in line with the HPI for terraced houses in the Hartlepool local authority area.
• The June 2012 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE PADDOCK has not materially changed since June 2012.

How Large is 16 THE PADDOCK?

16 THE PADDOCK is 121m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of terraced houses houses in Elwick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Elwick, and where 16 THE PADDOCK lies on this distribution: 31% of terraced houses houses are smaller than 16 THE PADDOCK, and 69% of houses are larger. Note that EPC data is not available for all properties in Elwick.

16 THE PADDOCK: Plot and Title Map

16 THE PADDOCK sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 16 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

16 THE PADDOCK is located in ELWICK, in the TS27 postcode district. The below map shows the position of No. 16 on THE PADDOCK.