8, THE PADDOCK, BOULTON MOOR, DERBY, DE24 5AP - £249,950

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

8 THE PADDOCK is a midsized extended detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £302,086. It was last sold for £249,950 in September 2021, which was around 17% below the average September 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

8 THE PADDOCK Sold Prices

Land registry data shows four sales for 8 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 8 THE PADDOCK 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 27 SEP	£249,950	£301,948	17% below HPI
2003 4 APR	£134,000	£170,441	21% below HPI
2001 23 FEB	£85,000	£104,546	19% below HPI
1997 31 JUL	£66,000	£79,461	17% below HPI

8 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The four 8 THE PADDOCK sales between July 1997 and September 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 April 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 THE PADDOCK be worth now?

8 THE PADDOCK might now be worth an estimated £302,086.

This is based on house price inflation of 20.9%, between September 2021 and December 2024, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.9% inflationary increase is applied to the most recent sale price for 8 THE PADDOCK of £249,950 on 27th September 2021. For the value to have increased from £249,950 to £302,086 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 THE PADDOCK has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The September 2021 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 8 THE PADDOCK has not materially changed since September 2021.

How Large is 8 THE PADDOCK?

8 THE PADDOCK is 103m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 50% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 8 THE PADDOCK lies on this distribution: 45% of detached houses houses are smaller than 8 THE PADDOCK, and 54% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 THE PADDOCK: Plot and Title Map

8 THE PADDOCK sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 8 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 8 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 8 THE PADDOCK?

8 THE PADDOCK is located in BOULTON MOOR, in the DE24 postcode district. The below map shows the position of No. 8 on THE PADDOCK.