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
4 PADDOCK LANE is a very large detached house of 150m². It was last sold for £238,000 in April 2018, which was around 15% above the average April 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 PADDOCK LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the three 4 PADDOCK LANE 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 |
---|---|---|---|
2018 27 APR | £238,000 | £206,116 | 15% above HPI |
2018 19 FEB | £249,950 | £204,007 | 23% above HPI |
2015 21 AUG | £245,000 | £196,311 | 25% above HPI |
The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The three 4 PADDOCK LANE sales between August 2015 and April 2018 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 February 2018 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
4 PADDOCK LANE is 150m² according to the EPC inspection conducted in February 2015. This puts it in the largest 20% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 4 PADDOCK LANE lies on this distribution: 81% of detached houses are smaller than 4 PADDOCK LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Sunderland.
4 PADDOCK LANE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 4 PADDOCK LANE, 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 4 PADDOCK LANE). 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.
4 PADDOCK LANE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 4 on PADDOCK LANE.