22, THE PADDOCKS, SANDIACRE, NOTTINGHAM, NG10 5HQ - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 THE PADDOCKS is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £265,000 in May 2018, which was around 17% above the average May 2018 detached price in the Erewash local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

22 THE PADDOCKS Sold Prices

Land registry data shows four sales for 22 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 22 THE PADDOCKS 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
2018 11 MAY	£265,000	£227,403	17% above HPI
2004 8 APR	£189,950	£155,801	22% above HPI
2002 27 MAY	£133,000	£102,329	30% above HPI
1998 12 MAY	£74,000	£68,372	8% above HPI

22 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 22 THE PADDOCKS sales between May 1998 and May 2018 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 April 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2018 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 22 THE PADDOCKS?

22 THE PADDOCKS is 85m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 22 THE PADDOCKS lies on this distribution: 26% of detached houses are smaller than 22 THE PADDOCKS, and 72% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

22 THE PADDOCKS: Plot and Title Map

22 THE PADDOCKS sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 22 THE PADDOCKS, 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 22 THE PADDOCKS). 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 22 THE PADDOCKS?

22 THE PADDOCKS is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 22 on THE PADDOCKS.