18, THE PADDOCK, NEWCASTLE UPON TYNE, NE12 6HF - £210,000

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

18 THE PADDOCK is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £210,000 in September 2021, which was around 33% below the average September 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

18 THE PADDOCK Sold Prices

Land registry data shows two sales for 18 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 18 THE PADDOCK sales were for below 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 30 SEP	£210,000	£313,404	33% below HPI
2021 26 JAN	£145,000	£307,208	53% below HPI

18 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 18 THE PADDOCK sales from January 2021 and September 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 January 2021 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the September 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 18 THE PADDOCK?

18 THE PADDOCK is 67m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses by size in Killingworth, and where 18 THE PADDOCK lies on this distribution: 7% of detached houses are smaller than 18 THE PADDOCK, and 92% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

18 THE PADDOCK: Plot and Title Map

18 THE PADDOCK sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 18 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 18 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 18 THE PADDOCK?

18 THE PADDOCK is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 18 on THE PADDOCK.