10, PADDOCK CLOSE, CHILTON, FERRYHILL, DL17 0EE - £97,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 PADDOCK CLOSE is a very small semi-detached house of 65m², which could now be worth an estimated £137,864. It was last sold for £97,500 in March 2020, which was about the average March 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2012, where the current energy rating was B, and the potential energy rating was B.

10 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 10 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. The three 10 PADDOCK CLOSE sales were a mix of roughly equal to the average price, and 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
2020 31 MAR	£97,500	£97,614	Close to HPI
2017 21 AUG	£110,000	£100,881	9% above HPI
2013 27 JUN	£119,995	£92,989	29% above HPI

10 PADDOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 10 PADDOCK CLOSE sales between June 2013 and March 2020 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 August 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 10 PADDOCK CLOSE be worth now?

10 PADDOCK CLOSE might now be worth an estimated £137,864.

This is based on house price inflation of 41.4%, between March 2020 and March 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.4% inflationary increase is applied to the most recent sale price for 10 PADDOCK CLOSE of £97,500 on 31st March 2020. For the value to have increased from £97,500 to £137,864 over the five years to March 2025, the following assumptions must hold true:

• The value of 10 PADDOCK CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The March 2020 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 10 PADDOCK CLOSE has not materially changed since March 2020.

How Large is 10 PADDOCK CLOSE?

10 PADDOCK CLOSE is 65m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of semi-detached houses houses in Chilton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chilton, and where 10 PADDOCK CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 10 PADDOCK CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chilton.

10 PADDOCK CLOSE: Plot and Title Map

10 PADDOCK CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 10 PADDOCK CLOSE, 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 10 PADDOCK CLOSE). 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 10 PADDOCK CLOSE?

10 PADDOCK CLOSE is located in CHILTON, in the DL17 postcode district. The below map shows the position of No. 10 on PADDOCK CLOSE.