4, THE PADDOCK, STAMFORD, PE9 2NE - £365,000

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.

4 THE PADDOCK is a very small detached house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £424,268. It was last sold for £365,000 in December 2020, which was around 16% above the average December 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

4 THE PADDOCK Sold Prices

Land registry data shows two sales for 4 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 South Kesteven local authority area for the corresponding sale date. Both of the two 4 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
2020 16 DEC	£365,000	£313,718	16% above HPI
2002 4 JAN	£154,000	£126,401	22% above HPI

4 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 two 4 THE PADDOCK sales from January 2002 and December 2020 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 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2020 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 4 THE PADDOCK be worth now?

4 THE PADDOCK might now be worth an estimated £424,268.

This is based on house price inflation of 16.2%, between December 2020 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.2% inflationary increase is applied to the most recent sale price for 4 THE PADDOCK of £365,000 on 16th December 2020. For the value to have increased from £365,000 to £424,268 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 THE PADDOCK has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE PADDOCK has not materially changed since December 2020.

How Large is 4 THE PADDOCK?

4 THE PADDOCK is 67m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stamford, and where 4 THE PADDOCK lies on this distribution: 5% of detached houses houses are smaller than 4 THE PADDOCK, and 95% of houses are larger. Note that EPC data is not available for all properties in Stamford.

4 THE PADDOCK: Plot and Title Map

4 THE PADDOCK sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 4 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 4 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 4 THE PADDOCK?

4 THE PADDOCK is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 4 on THE PADDOCK.