THE PADDOCK, PRESTWICK ROAD, DINNINGTON, NEWCASTLE UPON TYNE, NE13 7AG - £375,000

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

THE PADDOCK is a very large extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £375,000 in April 2005, which was around 55% above the average April 2005 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was A.

THE PADDOCK Sold Prices

Land registry data shows two sales for THE PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newcastle upon Tyne local authority area for the corresponding sale date. Both of the two THE PADDOCK sales were 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
2005 15 APR	£375,000	£242,380	55% above HPI
2002 3 MAY	£249,950	£148,378	68% above HPI

THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newcastle upon Tyne local authority area over time, sourced from the HPI. The two THE PADDOCK sales from May 2002 and April 2005 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 2002 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the April 2005 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is THE PADDOCK?

THE PADDOCK is 167m², which includes three extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses in Dinnington, based on EPC data. The below chart shows the distribution of detached houses by size in Dinnington, and where THE PADDOCK lies on this distribution: 97% of detached houses are smaller than THE PADDOCK, and 3% of houses are larger. Note that EPC data is not available for all properties in Dinnington.

THE PADDOCK: Plot and Title Map

THE PADDOCK sits on a plot of roughly 1.3 acres, or 5,092m². The below map shows the location of 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 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 THE PADDOCK?

THE PADDOCK is located on PRESTWICK ROAD in DINNINGTON, in the NE13 postcode district. The below map shows the position of THE PADDOCK on PRESTWICK ROAD.