7, PADDOCK RISE, ASHINGTON, NE63 8LA - £158,000

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

7 PADDOCK RISE is a midsized extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £158,000 in October 2013, which was around 33% below the average October 2013 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

7 PADDOCK RISE Sold Prices

Land registry data shows two sales for 7 PADDOCK RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 7 PADDOCK RISE 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
2013 18 OCT	£158,000	£234,263	33% below HPI
2010 15 DEC	£164,750	£242,040	32% below HPI

7 PADDOCK RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 7 PADDOCK RISE sales from December 2010 and October 2013 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 December 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 7 PADDOCK RISE?

7 PADDOCK RISE is 102m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where 7 PADDOCK RISE lies on this distribution: 44% of detached houses are smaller than 7 PADDOCK RISE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ashington.

7 PADDOCK RISE: Plot and Title Map

7 PADDOCK RISE sits on a plot of roughly 211.4 acres, or 855,481m². The below map shows the location of 7 PADDOCK RISE, 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 7 PADDOCK RISE). 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 7 PADDOCK RISE?

7 PADDOCK RISE is located in ASHINGTON, in the NE63 postcode district. The below map shows the position of No. 7 on PADDOCK RISE.