6, THE PADDOCKS, MILEHAM, KING'S LYNN, PE32 2QY - £277,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 THE PADDOCKS is a midsized detached house of 118m², built sometime between 2003 and 2006, which could now be worth an estimated £366,919. It was last sold for £277,500 in September 2016, which was around 1% below the average September 2016 detached price in the Breckland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was B.

6 THE PADDOCKS Sold Prices

Land registry data shows three sales for 6 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Two of the three 6 THE PADDOCKS sales were for below the average price, whilst one was 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
2016 28 SEP	£277,500	£280,155	1% below HPI
2016 29 JUL	£220,000	£276,677	20% below HPI
2007 25 SEP	£249,950	£238,858	5% above HPI

6 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The three 6 THE PADDOCKS sales between September 2007 and September 2016 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 July 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 6 THE PADDOCKS be worth now?

6 THE PADDOCKS might now be worth an estimated £366,919.

This is based on house price inflation of 32.2%, between September 2016 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.2% inflationary increase is applied to the most recent sale price for 6 THE PADDOCKS of £277,500 on 28th September 2016. For the value to have increased from £277,500 to £366,919 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 6 THE PADDOCKS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2016 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 6 THE PADDOCKS has not materially changed since September 2016.

How Large is 6 THE PADDOCKS?

6 THE PADDOCKS is 118m² according to the EPC inspection conducted in October 2016. This puts it in the largest 50% of detached houses houses in Mileham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mileham, and where 6 THE PADDOCKS lies on this distribution: 60% of detached houses houses are smaller than 6 THE PADDOCKS, and 40% of houses are larger. Note that EPC data is not available for all properties in Mileham.

6 THE PADDOCKS: Plot and Title Map

6 THE PADDOCKS sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 6 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 6 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.

Where is 6 THE PADDOCKS?

6 THE PADDOCKS is located in MILEHAM, in the PE32 postcode district. The below map shows the position of No. 6 on THE PADDOCKS.