1, PADDOCK LANE, HOLBEACH BANK, SPALDING, PE12 8AJ - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PADDOCK LANE is a very large detached house of 298m². It was last sold for £450,000 in January 2023, which was around 51% above the average January 2023 detached price in the South Holland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was B.

1 PADDOCK LANE Sold Prices

Land registry data shows two sales for 1 PADDOCK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Both of the two 1 PADDOCK LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 13 JAN	£450,000	£297,859	51% above HPI
2016 24 MAR	£500,000	£206,362	142% above HPI

1 PADDOCK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The two 1 PADDOCK LANE sales from March 2016 and January 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2016 sale was for 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the January 2023 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 1 PADDOCK LANE?

1 PADDOCK LANE is 298m² according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses in Holbeach Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach Bank, and where 1 PADDOCK LANE lies on this distribution: 96% of detached houses are smaller than 1 PADDOCK LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Holbeach Bank.

1 PADDOCK LANE: Plot and Title Map

1 PADDOCK LANE sits on a plot of roughly 2.2 acres, or 9,072m². The below map shows the location of 1 PADDOCK LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 PADDOCK LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 PADDOCK LANE?

1 PADDOCK LANE is located in HOLBEACH BANK, in the PE12 postcode district. The below map shows the position of No. 1 on PADDOCK LANE.