2, PADDOCK LANE, SUNDERLAND, SR3 2BX - £246,000

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

2 PADDOCK LANE is a large extended detached house of 145m², built sometime from 2012 onwards. It was last sold for £246,000 in June 2021, which was around 5% above the average June 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

2 PADDOCK LANE Sold Prices

Land registry data shows two sales for 2 PADDOCK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 2 PADDOCK LANE 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	£246,000	£233,230	5% above HPI
2015 12 MAR	£235,000	£193,284	22% above HPI

2 PADDOCK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The two 2 PADDOCK LANE sales from March 2015 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 March 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 PADDOCK LANE?

2 PADDOCK LANE is 145m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 2 PADDOCK LANE lies on this distribution: 79% of detached houses are smaller than 2 PADDOCK LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

2 PADDOCK LANE: Plot and Title Map

2 PADDOCK LANE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 PADDOCK LANE, 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 2 PADDOCK LANE). 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 2 PADDOCK LANE?

2 PADDOCK LANE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 2 on PADDOCK LANE.