3, THE PADDOCK, CHERRY WILLINGHAM, LINCOLN, LN3 4PS - £209,000

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

3 THE PADDOCK is a small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £209,000 in December 2017, which was around 5% below the average December 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

3 THE PADDOCK Sold Prices

Land registry data shows two sales for 3 THE 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 West Lindsey local authority area for the corresponding sale date. Both of the two 3 THE PADDOCK sales were 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
2017 13 DEC	£209,000	£220,247	5% below HPI
1997 17 DEC	£66,250	£67,151	1% below HPI

3 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 3 THE PADDOCK sales from December 1997 and December 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 December 1997 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 THE PADDOCK?

3 THE PADDOCK is 80m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 3 THE PADDOCK lies on this distribution: 30% of detached houses are smaller than 3 THE PADDOCK, and 69% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

3 THE PADDOCK: Plot and Title Map

3 THE PADDOCK sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 3 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 3 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 3 THE PADDOCK?

3 THE PADDOCK is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 3 on THE PADDOCK.