21, PADDOCK CLOSE, CHILTON, FERRYHILL, DL17 0EE - £57,000

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.

21 PADDOCK CLOSE is a very small terraced house of 70m², built in 2014, which could now be worth an estimated £67,980. It was last sold for £57,000 in February 2022, which was around 41% below the average February 2022 terraced 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.

21 PADDOCK CLOSE Sold Prices

Land registry data shows one sale for 21 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2022 24 FEB	£57,000	£96,063	41% below HPI

What might 21 PADDOCK CLOSE be worth now?

21 PADDOCK CLOSE might now be worth an estimated £67,980.

This is based on house price inflation of 19.3%, between February 2022 and April 2026, for terraced houses, 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 19.3% inflationary increase is applied to the most recent sale price for 21 PADDOCK CLOSE of £57,000 on 24th February 2022. For the value to have increased from £57,000 to £67,980 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 21 PADDOCK CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The February 2022 sale price of £57,000 represented a fair market value for the property.
• The size, condition, and specification of 21 PADDOCK CLOSE has not materially changed since February 2022.

How Large is 21 PADDOCK CLOSE?

21 PADDOCK CLOSE is 70m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of terraced houses in Chilton, based on EPC data. The below chart shows the distribution of terraced houses by size in Chilton, and where 21 PADDOCK CLOSE lies on this distribution: 18% of terraced houses are smaller than 21 PADDOCK CLOSE, and 80% of terraced houses are larger. Note that EPC data is not available for all properties in Chilton.

21 PADDOCK CLOSE: Plot

21 PADDOCK CLOSE sits on a plot of roughly 0.573 of an acre, or 2,319m².

Where is 21 PADDOCK CLOSE?

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