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 THE PADDOCKS is a large detached house of 150m², built sometime between 1983 and 1990. It was last sold for £545,000 in July 2020, which was around 27% above the average July 2020 detached price in the Colchester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 THE PADDOCKS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the three 4 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 |
---|---|---|---|
2020 8 JUL | £545,000 | £430,324 | 27% above HPI |
2015 26 JUN | £420,000 | £346,020 | 21% above HPI |
2010 30 NOV | £345,000 | £288,564 | 20% above HPI |
The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 4 THE PADDOCKS sales between November 2010 and July 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 June 2015 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2020 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.
4 THE PADDOCKS is 150m² according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of detached houses in Abberton, based on EPC data. The below chart shows the distribution of detached houses by size in Abberton, and where 4 THE PADDOCKS lies on this distribution: 65% of detached houses are smaller than 4 THE PADDOCKS, and 35% of houses are larger. Note that EPC data is not available for all properties in Abberton.
4 THE PADDOCKS sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 4 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 4 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.
4 THE PADDOCKS is located in ABBERTON, in the CO5 postcode district. The below map shows the position of No. 4 on THE PADDOCKS.