3, THE PADDOCKS, SUTTON LANE, GRANBY, NOTTINGHAM, NG13 9PY - £410,000

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 PADDOCKS is a small extended detached house of 128m², built sometime between 2007 and 2011. It was last sold for £410,000 in February 2022, which was around 8% below the average February 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was A.

3 THE PADDOCKS Sold Prices

Land registry data shows four sales for 3 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the four 3 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
2022 10 FEB	£410,000	£447,166	8% below HPI
2018 17 SEP	£357,500	£374,732	5% below HPI
2017 31 AUG	£350,000	£359,112	3% below HPI
2007 14 DEC	£302,000	£282,703	7% above HPI

3 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 3 THE PADDOCKS sales between December 2007 and February 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 September 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 THE PADDOCKS?

3 THE PADDOCKS is 128m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 40% of detached houses in Granby, based on EPC data. The below chart shows the distribution of detached houses by size in Granby, and where 3 THE PADDOCKS lies on this distribution: 38% of detached houses are smaller than 3 THE PADDOCKS, and 63% of houses are larger. Note that EPC data is not available for all properties in Granby.

3 THE PADDOCKS: Plot and Title Map

3 THE PADDOCKS sits on a plot of roughly 0.071 of an acre, or 287m². 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 SUTTON LANE in GRANBY, in the NG13 postcode district. The below map shows the position of 3 THE PADDOCKS on SUTTON LANE.