2, CHESTNUT PADDOCK, COLEBY, LINCOLN, LN5 0BE - £345,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CHESTNUT PADDOCK is a large detached house of 187m², built sometime between 1996 and 2002, which could now be worth an estimated £670,095. It was last sold for £345,000 in January 2004, which was around 121% above the average January 2004 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

2 CHESTNUT PADDOCK Sold Prices

Land registry data shows two sales for 2 CHESTNUT PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 2 CHESTNUT PADDOCK 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
2004 30 JAN	£345,000	£155,871	121% above HPI
1997 20 JUN	£152,500	£64,669	136% above HPI

2 CHESTNUT PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 CHESTNUT PADDOCK sales from June 1997 and January 2004 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 June 1997 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the January 2004 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.

What might 2 CHESTNUT PADDOCK be worth now?

2 CHESTNUT PADDOCK might now be worth an estimated £670,095.

This is based on house price inflation of 94.2%, between January 2004 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 94.2% inflationary increase is applied to the most recent sale price for 2 CHESTNUT PADDOCK of £345,000 on 30th January 2004. For the value to have increased from £345,000 to £670,095 over the twenty years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT PADDOCK has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The January 2004 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT PADDOCK has not materially changed since January 2004.

How Large is 2 CHESTNUT PADDOCK?

2 CHESTNUT PADDOCK is 187m² according to the EPC inspection conducted in February 2011. This puts it in the largest 30% of detached houses houses in Coleby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleby, and where 2 CHESTNUT PADDOCK lies on this distribution: 71% of detached houses houses are smaller than 2 CHESTNUT PADDOCK, and 29% of houses are larger. Note that EPC data is not available for all properties in Coleby.

2 CHESTNUT PADDOCK: Plot and Title Map

2 CHESTNUT PADDOCK sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of 2 CHESTNUT PADDOCK, 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 2 CHESTNUT PADDOCK). 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 2 CHESTNUT PADDOCK?

2 CHESTNUT PADDOCK is located in COLEBY, in the LN5 postcode district. The below map shows the position of No. 2 on CHESTNUT PADDOCK.