4, THE PADDOCK, NEWTON AYCLIFFE, DL5 4TF - £172,000

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

4 THE PADDOCK is a very small detached house of 49m², built sometime between 1976 and 1982. It was last sold for £172,000 in August 2020, which was around 1% above the average August 2020 detached price in the County Durham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was B.

4 THE PADDOCK Sold Prices

Land registry data shows three sales for 4 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the three 4 THE PADDOCK sales was for above the average price, whilst two 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
2020 28 AUG	£172,000	£169,538	1% above HPI
2014 31 OCT	£142,500	£156,758	9% below HPI
1996 24 MAY	£59,950	£67,177	11% below HPI

4 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 4 THE PADDOCK sales between May 1996 and August 2020 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 October 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 4 THE PADDOCK?

4 THE PADDOCK is 49m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Aycliffe, and where 4 THE PADDOCK lies on this distribution: Less than 1% of detached houses are smaller than 4 THE PADDOCK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

4 THE PADDOCK: Plot and Title Map

4 THE PADDOCK sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 4 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 4 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 4 THE PADDOCK?

4 THE PADDOCK is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 4 on THE PADDOCK.