2, THE PADDOCK, STAMFORD, PE9 2NE - £260,000

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

2 THE PADDOCK is a very small extended detached house of 59m², built sometime between 1991 and 1995. It was last sold for £260,000 in January 2017, which was around 6% below the average January 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, 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 South Kesteven local authority area for the corresponding sale date. Two of the three 2 THE PADDOCK sales were for below the average price, whilst one was 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
2017 20 JAN	£260,000	£275,906	6% below HPI
2010 3 SEP	£230,000	£221,719	4% above HPI
2007 29 JUN	£215,000	£236,995	9% below HPI

2 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 2 THE PADDOCK sales between June 2007 and January 2017 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 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 THE PADDOCK?

2 THE PADDOCK is 59m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 2 THE PADDOCK lies on this distribution: 3% of detached houses are smaller than 2 THE PADDOCK, and 97% of houses are larger. Note that EPC data is not available for all properties in Stamford.

2 THE PADDOCK: Plot and Title Map

2 THE PADDOCK sits on a plot of roughly 0.088 of an acre, or 358m². 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 STAMFORD, in the PE9 postcode district. The below map shows the position of No. 2 on THE PADDOCK.