3, THE PADDOCK, BELMONT, DURHAM, DH1 1LL - £450,000

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

3 THE PADDOCK is a large extended detached house of 170m², built sometime between 2003 and 2006. It was last sold for £450,000 in November 2012, which was around 177% above the average November 2012 detached price in the County Durham local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

3 THE PADDOCK Sold Prices

Land registry data shows two sales for 3 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 County Durham local authority area for the corresponding sale date. Both of the two 3 THE PADDOCK 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
2012 28 NOV	£450,000	£162,537	177% above HPI
2004 29 NOV	£335,000	£158,649	111% above HPI

3 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 3 THE PADDOCK sales from November 2004 and November 2012 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 November 2004 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the November 2012 sale, where it rises to 177% above the HPI. The line then continues to track at 177% above the HPI.

How Large is 3 THE PADDOCK?

3 THE PADDOCK is 170m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 30% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 3 THE PADDOCK lies on this distribution: 79% of detached houses are smaller than 3 THE PADDOCK, and 21% of houses are larger. Note that EPC data is not available for all properties in Durham.

3 THE PADDOCK: Plot and Title Map

3 THE PADDOCK sits on a plot of roughly 1.1 acres, or 4,524m². The below map shows the location of 3 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 3 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 3 THE PADDOCK?

3 THE PADDOCK is located in BELMONT, in the DH1 postcode district. The below map shows the position of No. 3 on THE PADDOCK.