12, PADDOCK CLOSE, ROPSLEY, GRANTHAM, NG33 4BJ - £276,000

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

12 PADDOCK CLOSE is a midsized extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £276,000 in August 2007, which was around 15% above the average August 2007 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

12 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 12 PADDOCK CLOSE 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 Kesteven local authority area for the corresponding sale date. One of the two 12 PADDOCK CLOSE sales was for above the average price, whilst the other was for below 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
2007 14 AUG	£276,000	£240,864	15% above HPI
1998 25 SEP	£65,000	£87,183	25% below HPI

12 PADDOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 12 PADDOCK CLOSE sales from September 1998 and August 2007 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 September 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2007 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 12 PADDOCK CLOSE?

12 PADDOCK CLOSE is 152m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses in Ropsley, based on EPC data. The below chart shows the distribution of detached houses by size in Ropsley, and where 12 PADDOCK CLOSE lies on this distribution: 59% of detached houses are smaller than 12 PADDOCK CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ropsley.

12 PADDOCK CLOSE: Plot and Title Map

12 PADDOCK CLOSE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 12 PADDOCK CLOSE, 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 12 PADDOCK CLOSE). 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 12 PADDOCK CLOSE?

12 PADDOCK CLOSE is located in ROPSLEY, in the NG33 postcode district. The below map shows the position of No. 12 on PADDOCK CLOSE.