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
THE PADDOCKS is a midsized extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £395,000 in May 2015, which was around 30% above the average May 2015 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for THE PADDOCKS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Suffolk local authority area for the corresponding sale date. All of the four THE PADDOCKS 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 |
---|---|---|---|
2015 22 MAY | £395,000 | £304,009 | 30% above HPI |
2006 5 SEP | £342,000 | £255,672 | 34% above HPI |
2004 22 OCT | £290,000 | £230,792 | 26% above HPI |
1996 23 DEC | £129,000 | £81,742 | 58% above HPI |
The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The four THE PADDOCKS sales between December 1996 and May 2015 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 September 2006 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2015 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.
THE PADDOCKS is 140m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Rickinghall, based on EPC data. The below chart shows the distribution of detached houses by size in Rickinghall, and where THE PADDOCKS lies on this distribution: 56% of detached houses are smaller than THE PADDOCKS, and 43% of houses are larger. Note that EPC data is not available for all properties in Rickinghall.
THE PADDOCKS sits on a plot of roughly 0.389 of an acre, or 1,572m². The below map shows the location of 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 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.
THE PADDOCKS is located on MAYPOLE MEADOW in RICKINGHALL, in the IP22 postcode district. The below map shows the position of THE PADDOCKS on MAYPOLE MEADOW.