40, THE PADDOCKS, INGATESTONE, CM4 0BH - £615,000

40 THE PADDOCKS is a small extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £615,000 in September 2020, which was around 21% below the average September 2020 detached price in the Brentwood local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

40 THE PADDOCKS Sold Prices

Land registry data shows two sales for 40 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two 40 THE PADDOCKS 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
2020 24 SEP	£615,000	£776,111	21% below HPI
2008 31 OCT	£440,000	£446,019	1% below HPI

40 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two 40 THE PADDOCKS sales from October 2008 and September 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 October 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 40 THE PADDOCKS?

40 THE PADDOCKS is 116m², which includes four extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Ingatestone, based on EPC data. The below chart shows the distribution of detached houses by size in Ingatestone, and where 40 THE PADDOCKS lies on this distribution: 26% of detached houses are smaller than 40 THE PADDOCKS, and 73% of houses are larger. Note that EPC data is not available for all properties in Ingatestone.

40 THE PADDOCKS: Plot and Title Map

40 THE PADDOCKS sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 40 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 40 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.

Where is 40 THE PADDOCKS?

40 THE PADDOCKS is located in INGATESTONE, in the CM4 postcode district. The below map shows the position of No. 40 on THE PADDOCKS.