9, PADDOCK WAY, STORTH, MILNTHORPE, LA7 7JJ - £215,000

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

9 PADDOCK WAY is a small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £215,000 in April 2016, which was around 23% below the average April 2016 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

9 PADDOCK WAY Sold Prices

Land registry data shows two sales for 9 PADDOCK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 9 PADDOCK WAY 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
2016 12 APR	£215,000	£280,475	23% below HPI
1996 4 NOV	£75,000	£84,686	11% below HPI

9 PADDOCK WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The two 9 PADDOCK WAY sales from November 1996 and April 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 November 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 9 PADDOCK WAY?

9 PADDOCK WAY is 81m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in Storth, based on EPC data. The below chart shows the distribution of detached houses by size in Storth, and where 9 PADDOCK WAY lies on this distribution: 20% of detached houses are smaller than 9 PADDOCK WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Storth.

9 PADDOCK WAY: Plot and Title Map

9 PADDOCK WAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 9 PADDOCK WAY, 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 9 PADDOCK WAY). 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 9 PADDOCK WAY?

9 PADDOCK WAY is located in STORTH, in the LA7 postcode district. The below map shows the position of No. 9 on PADDOCK WAY.