7, PADDOCK GREEN, WYNYARD, BILLINGHAM, TS22 5QP - £162,500

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.

7 PADDOCK GREEN is a very small terraced house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £215,128. It was last sold for £162,500 in May 2018, which was around 70% above the average May 2018 terraced price in the Stockton-on-Tees local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

7 PADDOCK GREEN Sold Prices

Land registry data shows two sales for 7 PADDOCK GREEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Stockton-on-Tees local authority area for the corresponding sale date. Both of the two 7 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
2018 4 MAY	£162,500	£95,543	70% above HPI
2000 2 OCT	£79,000	£33,082	139% above HPI

7 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 two 7 PADDOCK GREEN sales from October 2000 and May 2018 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 2000 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the May 2018 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 7 PADDOCK GREEN be worth now?

7 PADDOCK GREEN might now be worth an estimated £215,128.

This is based on house price inflation of 32.4%, between May 2018 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 32.4% inflationary increase is applied to the most recent sale price for 7 PADDOCK GREEN of £162,500 on 4th May 2018. For the value to have increased from £162,500 to £215,128 over the eight years to May 2026, the following assumptions must hold true:

• The value of 7 PADDOCK GREEN has moved in line with the HPI for terraced houses in the Stockton-on-Tees local authority area.
• The May 2018 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PADDOCK GREEN has not materially changed since May 2018.

How Large is 7 PADDOCK GREEN?

7 PADDOCK GREEN is 70m² according to the EPC inspection conducted in June 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 7 PADDOCK GREEN lies on this distribution: Less than 1% of terraced houses houses are smaller than 7 PADDOCK GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wynyard Village.

7 PADDOCK GREEN: Plot and Title Map

7 PADDOCK GREEN sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 7 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 7 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 7 PADDOCK GREEN?

7 PADDOCK GREEN is located in WYNYARD, in the TS22 postcode district. The below map shows the position of No. 7 on PADDOCK GREEN.