8, THE PADDOCKS, NORMANDY, GUILDFORD, GU3 2HA - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 THE PADDOCKS is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £500,000 in January 2022, which was around 42% below the average January 2022 detached price in the Guildford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

8 THE PADDOCKS Sold Prices

Land registry data shows four sales for 8 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Guildford local authority area for the corresponding sale date. All of the four 8 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
2022 25 JAN	£500,000	£854,802	42% below HPI
2017 26 MAY	£435,000	£773,447	44% below HPI
2002 12 APR	£245,000	£355,316	31% below HPI
1996 29 OCT	£120,000	£168,581	29% below HPI

8 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Guildford local authority area over time, sourced from the HPI. The four 8 THE PADDOCKS sales between October 1996 and January 2022 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 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 THE PADDOCKS?

8 THE PADDOCKS is 75m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Flexford, based on EPC data. The below chart shows the distribution of detached houses by size in Flexford, and where 8 THE PADDOCKS lies on this distribution: 7% of detached houses are smaller than 8 THE PADDOCKS, and 92% of houses are larger. Note that EPC data is not available for all properties in Flexford.

8 THE PADDOCKS: Plot and Title Map

8 THE PADDOCKS sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 8 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 8 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 8 THE PADDOCKS?

8 THE PADDOCKS is located in NORMANDY, in the GU3 postcode district. The below map shows the position of No. 8 on THE PADDOCKS.