42, THE PADDOCK, NEWCASTLE UPON TYNE, NE15 8JG - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

42 THE PADDOCK is a very large extended detached house of 183m², built sometime between 1967 and 1975, which could now be worth an estimated £475,762. It was last sold for £390,000 in October 2021, which was around 19% above the average October 2021 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

42 THE PADDOCK Sold Prices

Land registry data shows two sales for 42 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. Both of the two 42 THE PADDOCK 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
2021 29 OCT	£390,000	£327,218	19% above HPI
1995 3 AUG	£153,500	£92,639	66% above HPI

42 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two 42 THE PADDOCK sales from August 1995 and October 2021 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 August 1995 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the October 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 42 THE PADDOCK be worth now?

42 THE PADDOCK might now be worth an estimated £475,762.

This is based on house price inflation of 22%, between October 2021 and December 2024, for detached houses, in the Newcastle upon Tyne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 42 THE PADDOCK of £390,000 on 29th October 2021. For the value to have increased from £390,000 to £475,762 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 42 THE PADDOCK has moved in line with the HPI for detached houses in the Newcastle upon Tyne local authority area.
• The October 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 42 THE PADDOCK has not materially changed since October 2021.

How Large is 42 THE PADDOCK?

42 THE PADDOCK is 183m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 20% of detached houses houses in Walbottle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Walbottle, and where 42 THE PADDOCK lies on this distribution: 83% of detached houses houses are smaller than 42 THE PADDOCK, and 14% of houses are larger. Note that EPC data is not available for all properties in Walbottle.

42 THE PADDOCK: Plot and Title Map

42 THE PADDOCK sits on a plot of roughly 0.353 of an acre, or 1,428m². The below map shows the location of 42 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 42 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 42 THE PADDOCK?

42 THE PADDOCK is located in NEWCASTLE UPON TYNE, in the NE15 postcode district. The below map shows the position of No. 42 on THE PADDOCK.