2, THE PADDOCK, OCKBROOK, DERBY, DE72 3RS - £237,000

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.

2 THE PADDOCK is a large extended detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £307,844. It was last sold for £237,000 in December 2018, which was around 5% below the average December 2018 detached price in the Erewash local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 THE PADDOCK Sold Prices

Land registry data shows one sale for 2 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Erewash 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
2018 19 DEC	£237,000	£249,196	5% below HPI

What might 2 THE PADDOCK be worth now?

2 THE PADDOCK might now be worth an estimated £307,844.

This is based on house price inflation of 29.9%, between December 2018 and April 2026, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.9% inflationary increase is applied to the most recent sale price for 2 THE PADDOCK of £237,000 on 19th December 2018. For the value to have increased from £237,000 to £307,844 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 THE PADDOCK has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2018 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE PADDOCK has not materially changed since December 2018.

How Large is 2 THE PADDOCK?

2 THE PADDOCK is 123m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 2 THE PADDOCK lies on this distribution: 68% of detached houses are smaller than 2 THE PADDOCK, and 31% of detached houses are larger. Note that EPC data is not available for all properties in Ockbrook.

2 THE PADDOCK: Plot

2 THE PADDOCK sits on a plot of roughly 0.108 of an acre, or 437m².

Where is 2 THE PADDOCK?

2 THE PADDOCK is located in OCKBROOK, in the DE72 postcode district.