27, THE PADDOCKS, SANDIACRE, NOTTINGHAM, NG10 5HQ - £268,000

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

27 THE PADDOCKS is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £268,000 in August 2023, which was around 15% below the average August 2023 detached price in the Erewash local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

27 THE PADDOCKS Sold Prices

Land registry data shows two sales for 27 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 27 THE PADDOCKS 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
2023 4 AUG	£268,000	£316,616	15% below HPI
2011 21 DEC	£165,000	£169,789	3% below HPI

27 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 two 27 THE PADDOCKS sales from December 2011 and August 2023 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 December 2011 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 27 THE PADDOCKS?

27 THE PADDOCKS is 68m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 27 THE PADDOCKS lies on this distribution: 8% of detached houses are smaller than 27 THE PADDOCKS, and 92% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

27 THE PADDOCKS: Plot and Title Map

27 THE PADDOCKS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 27 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 27 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 27 THE PADDOCKS?

27 THE PADDOCKS is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 27 on THE PADDOCKS.