15, THE PADDOCKS, BOTTESFORD, NOTTINGHAM, NG13 0BD - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 THE PADDOCKS is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £286,776. It was last sold for £265,000 in July 2024, which was around 28% below the average July 2024 detached price in the Melton local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

15 THE PADDOCKS Sold Prices

Land registry data shows three sales for 15 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 15 THE PADDOCKS sales were 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
2024 12 JUL	£265,000	£369,231	28% below HPI
2020 17 SEP	£215,000	£342,847	37% below HPI
2000 29 FEB	£83,000	£111,161	25% below HPI

15 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 15 THE PADDOCKS sales between February 2000 and July 2024 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 2020 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 THE PADDOCKS be worth now?

15 THE PADDOCKS might now be worth an estimated £286,776.

This is based on house price inflation of 8.2%, between July 2024 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% inflationary increase is applied to the most recent sale price for 15 THE PADDOCKS of £265,000 on 12th July 2024. For the value to have increased from £265,000 to £286,776 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 15 THE PADDOCKS has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2024 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE PADDOCKS has not materially changed since July 2024.

How Large is 15 THE PADDOCKS?

15 THE PADDOCKS is 67m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bottesford, and where 15 THE PADDOCKS lies on this distribution: 6% of detached houses houses are smaller than 15 THE PADDOCKS, and 92% of houses are larger. Note that EPC data is not available for all properties in Bottesford.

15 THE PADDOCKS: Plot and Title Map

15 THE PADDOCKS sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 15 THE PADDOCKS, 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 15 THE PADDOCKS). 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 15 THE PADDOCKS?

15 THE PADDOCKS is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 15 on THE PADDOCKS.