3, THE PADDOCK, CRAMLINGTON, NE23 6XR - £372,500

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 very large detached house of 163m², built sometime between 1976 and 1982. It was last sold for £372,500 in November 2015, which was around 51% above the average November 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

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 Northumberland 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
2015 27 NOV	£372,500	£246,479	51% above HPI
2006 28 SEP	£355,000	£247,084	44% above HPI

3 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 3 THE PADDOCK sales from September 2006 and November 2015 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 September 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the November 2015 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 3 THE PADDOCK?

3 THE PADDOCK is 163m² according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Cramlington, based on EPC data. The below chart shows the distribution of detached houses by size in Cramlington, and where 3 THE PADDOCK lies on this distribution: 92% of detached houses are smaller than 3 THE PADDOCK, and 7% of houses are larger. Note that EPC data is not available for all properties in Cramlington.

3 THE PADDOCK: Plot and Title Map

3 THE PADDOCK sits on a plot of roughly 0.207 of an acre, or 836m². 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 CRAMLINGTON, in the NE23 postcode district. The below map shows the position of No. 3 on THE PADDOCK.