16, PADLEY ROAD, LINCOLN, LN2 4WB - £265,000

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

16 PADLEY ROAD is a large detached house of 128m², built sometime between 2003 and 2006. It was last sold for £265,000 in December 2019, which was around 9% above the average December 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

16 PADLEY ROAD Sold Prices

Land registry data shows three sales for 16 PADLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Two of the three 16 PADLEY ROAD sales were for above the average price, whilst one 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
2019 12 DEC	£265,000	£244,092	9% above HPI
2008 26 MAR	£180,000	£194,831	8% below HPI
2003 17 NOV	£158,995	£156,293	2% above HPI

16 PADLEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 16 PADLEY ROAD sales between November 2003 and December 2019 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 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 16 PADLEY ROAD?

16 PADLEY ROAD is 128m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 16 PADLEY ROAD lies on this distribution: 76% of detached houses are smaller than 16 PADLEY ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16 PADLEY ROAD: Plot and Title Map

16 PADLEY ROAD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 16 PADLEY ROAD, 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 16 PADLEY ROAD). 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 16 PADLEY ROAD?

16 PADLEY ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 16 on PADLEY ROAD.