7, THE PADDOCK, LANCHESTER, DURHAM, DH7 0HW - £450,000

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.

7 THE PADDOCK is a detached house, which could now be worth an estimated £604,616. It was last sold for £450,000 in August 2018, which was around 158% above the average August 2018 detached price in the County Durham local authority area.

7 THE PADDOCK Sold Prices

Land registry data shows one sale for 7 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 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
2018 23 AUG	£450,000	£174,422	158% above HPI

What might 7 THE PADDOCK be worth now?

7 THE PADDOCK might now be worth an estimated £604,616.

This is based on house price inflation of 34.4%, between August 2018 and May 2026, for detached 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 34.4% inflationary increase is applied to the most recent sale price for 7 THE PADDOCK of £450,000 on 23rd August 2018. For the value to have increased from £450,000 to £604,616 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 7 THE PADDOCK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2018 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE PADDOCK has not materially changed since August 2018.

Where is 7 THE PADDOCK?

7 THE PADDOCK is located in LANCHESTER, in the DH7 postcode district.