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

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

18 THE PADDOCK is a very small detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £253,949. It was last sold for £210,000 in September 2021, which was around 32% 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	£308,147	32% below HPI
2021 26 JAN	£145,000	£302,055	52% 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 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 18 THE PADDOCK be worth now?

18 THE PADDOCK might now be worth an estimated £253,949.

This is based on house price inflation of 20.9%, between September 2021 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.9% inflationary increase is applied to the most recent sale price for 18 THE PADDOCK of £210,000 on 30th September 2021. For the value to have increased from £210,000 to £253,949 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 THE PADDOCK has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The September 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE PADDOCK has not materially changed since September 2021.

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 houses in Killingworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Killingworth, and where 18 THE PADDOCK lies on this distribution: 7% of detached houses 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.