16, PADDOCK CLOSE, CHILTON, FERRYHILL, DL17 0EE - £57,500

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 CLOSE is a very large flat of 70m², built in 2014, which could now be worth an estimated £60,844. It was last sold for £57,500 in March 2023, which was around 21% below the average March 2023 flat price in the County Durham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

16 PADDOCK CLOSE Sold Prices

Land registry data shows one sale for 16 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 24 MAR	£57,500	£73,113	21% below HPI

What might 16 PADDOCK CLOSE be worth now?

16 PADDOCK CLOSE might now be worth an estimated £60,844.

This is based on house price inflation of 5.8%, between March 2023 and April 2026, for flats, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.8% inflationary increase is applied to the most recent sale price for 16 PADDOCK CLOSE of £57,500 on 24th March 2023. For the value to have increased from £57,500 to £60,844 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 16 PADDOCK CLOSE has moved in line with the HPI for flats in the County Durham local authority area.
• The March 2023 sale price of £57,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PADDOCK CLOSE has not materially changed since March 2023.

How Large is 16 PADDOCK CLOSE?

16 PADDOCK CLOSE is 70m² according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of flats in Chilton, based on EPC data. More than 99% of flats are smaller than 16 PADDOCK CLOSE, and less than 1% of flats are larger. Note that EPC data is not available for all properties in Chilton.

16 PADDOCK CLOSE: Plot

16 PADDOCK CLOSE sits on a plot of roughly 0.292 of an acre, or 1,183m².

Where is 16 PADDOCK CLOSE?

16 PADDOCK CLOSE is located in CHILTON, in the DL17 postcode district.