16, PADDOCK GREEN, WYNYARD, BILLINGHAM, TS22 5QP - £242,500

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.

16 PADDOCK GREEN is a very small terraced house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £289,105. It was last sold for £242,500 in April 2021, which was around 129% above the average April 2021 terraced price in the Stockton-on-Tees local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

16 PADDOCK GREEN Sold Prices

Land registry data shows five sales for 16 PADDOCK GREEN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Stockton-on-Tees local authority area for the corresponding sale date. All of the five 16 PADDOCK GREEN 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
2021 6 APR	£242,500	£106,096	129% above HPI
2018 14 SEP	£217,000	£96,905	124% above HPI
2017 13 JUL	£212,500	£95,116	123% above HPI
2005 15 SEP	£205,000	£87,887	133% above HPI
1999 20 DEC	£93,000	£31,970	191% above HPI

16 PADDOCK GREEN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The five 16 PADDOCK GREEN sales between December 1999 and April 2021 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 2018 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the April 2021 sale, where it rises to 129% above the HPI. The line then continues to track at 129% above the HPI.

What might 16 PADDOCK GREEN be worth now?

16 PADDOCK GREEN might now be worth an estimated £289,105.

This is based on house price inflation of 19.2%, between April 2021 and May 2026, for terraced houses, in the Stockton-on-Tees local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 16 PADDOCK GREEN of £242,500 on 6th April 2021. For the value to have increased from £242,500 to £289,105 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 16 PADDOCK GREEN has moved in line with the HPI for terraced houses in the Stockton-on-Tees local authority area.
• The April 2021 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PADDOCK GREEN has not materially changed since April 2021.

How Large is 16 PADDOCK GREEN?

16 PADDOCK GREEN is 93m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of terraced houses houses in Wynyard Village, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wynyard Village, and where 16 PADDOCK GREEN lies on this distribution: 3% of terraced houses houses are smaller than 16 PADDOCK GREEN, and 97% of houses are larger. Note that EPC data is not available for all properties in Wynyard Village.

16 PADDOCK GREEN: Plot and Title Map

16 PADDOCK GREEN sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 16 PADDOCK GREEN, 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 16 PADDOCK GREEN). 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 16 PADDOCK GREEN?

16 PADDOCK GREEN is located in WYNYARD, in the TS22 postcode district. The below map shows the position of No. 16 on PADDOCK GREEN.