3, THE PADDOCKS, SANDIACRE, NOTTINGHAM, NG10 5HQ - £315,000

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 midsized extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £315,000 in July 2024, which was around 2% above the average July 2024 detached price in the Erewash local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, 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 Erewash local authority area for the corresponding sale date. One of the two 3 THE PADDOCKS sales was for above the average price, whilst the other was 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
2024 26 JUL	£315,000	£307,536	2% above HPI
2006 26 JUN	£132,500	£176,404	25% below HPI

3 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 3 THE PADDOCKS sales from June 2006 and July 2024 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 June 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 THE PADDOCKS?

3 THE PADDOCKS is 102m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 3 THE PADDOCKS lies on this distribution: 53% of detached houses are smaller than 3 THE PADDOCKS, and 46% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.

3 THE PADDOCKS: Plot and Title Map

3 THE PADDOCKS sits on a plot of roughly 0.144 of an acre, or 582m². 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 in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 3 on THE PADDOCKS.