2, THE PADDOCK, RUSKINGTON, SLEAFORD, NG34 9GY - £178,000

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 midsized extended detached house of 113m², built sometime between 1991 and 1995. It was last sold for £178,000 in March 2016, which was around 18% below the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

2 THE PADDOCK Sold Prices

Land registry data shows four sales for 2 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. two of the four 2 THE PADDOCK sales were for below the average price, and four 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
2016 21 MAR	£178,000	£216,837	18% below HPI
2003 3 JAN	£158,500	£129,393	22% above HPI
1999 16 SEP	£72,000	£72,556	1% below HPI
1998 17 DEC	£74,000	£69,993	6% 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 four 2 THE PADDOCK sales between December 1998 and March 2016 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 January 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 THE PADDOCK?

2 THE PADDOCK is 113m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 2 THE PADDOCK lies on this distribution: 56% of detached houses are smaller than 2 THE PADDOCK, and 43% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

2 THE PADDOCK: Plot and Title Map

2 THE PADDOCK sits on a plot of roughly 0.141 of an acre, or 569m². 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 in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 2 on THE PADDOCK.