112, THE PADDOCK, NEWCASTLE UPON TYNE, NE12 6HH - £93,500

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.

112 THE PADDOCK is a very small terraced house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £138,983. It was last sold for £93,500 in January 2015, which was around 27% below the average January 2015 terraced price in the North Tyneside local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was A.

112 THE PADDOCK Sold Prices

Land registry data shows four sales for 112 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Tyneside local authority area for the corresponding sale date. Most of the four 112 THE PADDOCK 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
2015 29 JAN	£93,500	£127,483	27% below HPI
2014 16 NOV	£7,015	£129,067	95% below HPI
2003 21 MAR	£72,000	£68,834	5% above HPI
1997 21 JUL	£28,950	£39,108	26% below HPI

112 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Tyneside local authority area over time, sourced from the HPI. The four 112 THE PADDOCK sales between July 1997 and January 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 November 2014 sale was for 95% below the HPI. So the extrapolation line tracks at 95% below the HPI over time, until the January 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 112 THE PADDOCK be worth now?

112 THE PADDOCK might now be worth an estimated £138,983.

This is based on house price inflation of 48.6%, between January 2015 and June 2025, for terraced houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.6% inflationary increase is applied to the most recent sale price for 112 THE PADDOCK of £93,500 on 29th January 2015. For the value to have increased from £93,500 to £138,983 over the nine years and seven months to June 2025, the following assumptions must hold true:

• The value of 112 THE PADDOCK has moved in line with the HPI for terraced houses in the North Tyneside local authority area.
• The January 2015 sale price of £93,500 represented a fair market value for the property.
• The size, condition, and specification of 112 THE PADDOCK has not materially changed since January 2015.

How Large is 112 THE PADDOCK?

112 THE PADDOCK is 60m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of terraced houses houses in Killingworth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Killingworth, and where 112 THE PADDOCK lies on this distribution: 3% of terraced houses houses are smaller than 112 THE PADDOCK, and 97% of houses are larger. Note that EPC data is not available for all properties in Killingworth.

112 THE PADDOCK: Plot and Title Map

112 THE PADDOCK sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 112 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 112 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 112 THE PADDOCK?

112 THE PADDOCK is located in NEWCASTLE UPON TYNE, in the NE12 postcode district. The below map shows the position of No. 112 on THE PADDOCK.