3, THE PADDOCKS, PADDOCK LANE, FAILSWORTH, MANCHESTER, M35 0NY - £358,000

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

3 THE PADDOCKS is a very large detached house of 126m², built sometime between 2007 and 2011. It was last sold for £358,000 in May 2022, which was around 14% above the average May 2022 detached price in the Oldham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

3 THE PADDOCKS Sold Prices

Land registry data shows two sales for 3 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 Oldham local authority area for the corresponding sale date. Both of the two 3 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
2022 10 MAY	£358,000	£313,299	14% above HPI
2009 17 APR	£249,000	£185,200	34% above HPI

3 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Oldham local authority area over time, sourced from the HPI. The two 3 THE PADDOCKS sales from April 2009 and May 2022 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 2009 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2022 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 THE PADDOCKS?

3 THE PADDOCKS is 126m² according to the EPC inspection conducted in October 2021. This puts it in the largest 20% of detached houses in Failsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Failsworth, and where 3 THE PADDOCKS lies on this distribution: 86% of detached houses are smaller than 3 THE PADDOCKS, and 14% of houses are larger. Note that EPC data is not available for all properties in Failsworth.

3 THE PADDOCKS: Plot and Title Map

3 THE PADDOCKS sits on a plot of roughly 0.231 of an acre, or 935m². The below map shows the location of 3 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 3 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 3 THE PADDOCKS?

3 THE PADDOCKS is located on PADDOCK LANE in FAILSWORTH, in the M35 postcode district. The below map shows the position of 3 THE PADDOCKS on PADDOCK LANE.