28, THE PADDOCK, NEWCASTLE UPON TYNE, NE15 8JG - £250,000

28 THE PADDOCK is a very small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £250,000 in July 2021, which was around 20% below the average July 2021 detached price in the Newcastle upon Tyne local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

28 THE PADDOCK Sold Prices

Land registry data shows two sales for 28 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 28 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
2021 9 JUL	£250,000	£313,036	20% below HPI
2004 5 APR	£200,000	£222,917	10% below HPI

28 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 28 THE PADDOCK sales from April 2004 and July 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 April 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 28 THE PADDOCK?

28 THE PADDOCK is 89m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Walbottle, based on EPC data. The below chart shows the distribution of detached houses by size in Walbottle, and where 28 THE PADDOCK lies on this distribution: Less than 1% of detached houses are smaller than 28 THE PADDOCK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Walbottle.

28 THE PADDOCK: Plot and Title Map

28 THE PADDOCK sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 28 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 28 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 28 THE PADDOCK?

28 THE PADDOCK is located in NEWCASTLE UPON TYNE, in the NE15 postcode district. The below map shows the position of No. 28 on THE PADDOCK.