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
56 THE PADDOCKS is a small extended detached house of 75m², built sometime between 1967 and 1975. It was last sold for £210,000 in May 2021, which was around 47% below the average May 2021 detached price in the West Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 56 THE PADDOCKS since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the West Suffolk local authority area for the corresponding sale date. All of the six 56 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 |
---|---|---|---|
2021 28 MAY | £210,000 | £397,651 | 47% below HPI |
2019 13 MAY | £156,000 | £381,106 | 59% below HPI |
2003 11 APR | £107,000 | £197,391 | 46% below HPI |
2001 16 NOV | £89,995 | £148,864 | 40% below HPI |
1997 13 FEB | £45,500 | £82,173 | 45% below HPI |
1996 14 JUN | £47,000 | £81,444 | 42% below HPI |
The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The six 56 THE PADDOCKS sales between June 1996 and May 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 May 2019 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the May 2021 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.
56 THE PADDOCKS is 75m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Brandon, based on EPC data. The below chart shows the distribution of detached houses by size in Brandon, and where 56 THE PADDOCKS lies on this distribution: 30% of detached houses are smaller than 56 THE PADDOCKS, and 69% of houses are larger. Note that EPC data is not available for all properties in Brandon.
56 THE PADDOCKS sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 56 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 56 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.
56 THE PADDOCKS is located in BRANDON, in the IP27 postcode district. The below map shows the position of No. 56 on THE PADDOCKS.