4, THE PADDOCKS, POTTERHANWORTH, LINCOLN, LN4 2FD - £323,000

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 PADDOCKS is a small detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £418,205. It was last sold for £323,000 in October 2017, which was around 38% above the average October 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

4 THE PADDOCKS Sold Prices

Land registry data shows two sales for 4 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 4 THE PADDOCKS 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
2017 14 OCT	£323,000	£233,828	38% above HPI
2000 24 NOV	£139,750	£79,538	76% above HPI

4 THE PADDOCKS 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 two 4 THE PADDOCKS sales from November 2000 and October 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 November 2000 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the October 2017 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 4 THE PADDOCKS be worth now?

4 THE PADDOCKS might now be worth an estimated £418,205.

This is based on house price inflation of 29.5%, between October 2017 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.5% inflationary increase is applied to the most recent sale price for 4 THE PADDOCKS of £323,000 on 14th October 2017. For the value to have increased from £323,000 to £418,205 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 THE PADDOCKS has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2017 sale price of £323,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE PADDOCKS has not materially changed since October 2017.

How Large is 4 THE PADDOCKS?

4 THE PADDOCKS is 121m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potterhanworth, and where 4 THE PADDOCKS lies on this distribution: 34% of detached houses houses are smaller than 4 THE PADDOCKS, and 66% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

4 THE PADDOCKS: Plot and Title Map

4 THE PADDOCKS sits on a plot of roughly 0.719 of an acre, or 2,910m². The below map shows the location of 4 THE PADDOCKS, 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 PADDOCKS). 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 PADDOCKS?

4 THE PADDOCKS is located in POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of No. 4 on THE PADDOCKS.