Ken Woolley's award-winning Paddington home sells to Tim Casey

The Ken Woolley-designed Paddington house that won the Australian Institute of Architects highest honour for residential design in 1983, has been sold pre-auction.

Phillips Pantzer Donnelley agents Catherine Dixon and Kane Dunkley initially had a $3.6 million guide, before it was raised to $3.85 million.

The three-storey modernist home has been updated since Woolley sold at $390,000 in 1987.

The 1980 Cooper Street home was one of three homes Woolley designed and built for his own use.

The rumoured buyer is Tim Casey, founder and executive chairman of the St Hilliers construction group.

This article was first published in the Saturday Daily Telegraph.