2, THE PADDOCK, GRANTHAM ROAD, WADDINGTON, LINCOLN, LN5 9NT - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE PADDOCK is a large detached house of 130m², built sometime between 1983 and 1990. It was last sold for £320,000 in March 2019, which was around 27% above the average March 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE PADDOCK Sold Prices

Land registry data shows three sales for 2 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 2 THE 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
2019 25 MAR	£320,000	£252,775	27% above HPI
2005 6 SEP	£249,999	£178,724	40% above HPI
1997 17 DEC	£113,500	£66,607	70% above HPI

2 THE 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 three 2 THE PADDOCK sales between December 1997 and March 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 September 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2019 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 THE PADDOCK?

2 THE PADDOCK is 130m² according to the EPC inspection conducted in January 2019. This puts it in the largest 30% of detached houses in Waddington, based on EPC data. The below chart shows the distribution of detached houses by size in Waddington, and where 2 THE PADDOCK lies on this distribution: 79% of detached houses are smaller than 2 THE PADDOCK, and 21% of houses are larger. Note that EPC data is not available for all properties in Waddington.

2 THE PADDOCK: Plot and Title Map

2 THE PADDOCK sits on a plot of roughly 0.333 of an acre, or 1,348m². The below map shows the location of 2 THE 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 THE 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 THE PADDOCK?

2 THE PADDOCK is located on GRANTHAM ROAD in WADDINGTON, in the LN5 postcode district. The below map shows the position of 2 THE PADDOCK on GRANTHAM ROAD.