45, PADDOCK LANE, METHERINGHAM, LINCOLN, LN4 3YG - £355,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

45 PADDOCK LANE is a very large extended detached house of 143m², built sometime between 1996 and 2002, which could now be worth an estimated £328,272. It was last sold for £355,000 in October 2022, which was around 11% above the average October 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

45 PADDOCK LANE Sold Prices

Land registry data shows three sales for 45 PADDOCK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 45 PADDOCK LANE 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
2022 17 OCT	£355,000	£318,633	11% above HPI
2000 17 APR	£79,500	£74,760	6% above HPI
1998 30 DEC	£78,000	£69,106	13% above HPI

45 PADDOCK LANE 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 three 45 PADDOCK LANE sales between December 1998 and October 2022 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 April 2000 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 45 PADDOCK LANE be worth now?

45 PADDOCK LANE might now be worth an estimated £328,272.

This is based on house price deflation of 7.5%, between October 2022 and December 2024, 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 7.5% deflationary decrease is applied to the most recent sale price for 45 PADDOCK LANE of £355,000 on 17th October 2022. For the value to have decreased from £355,000 to £328,272 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 45 PADDOCK LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2022 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 45 PADDOCK LANE has not materially changed since October 2022.

How Large is 45 PADDOCK LANE?

45 PADDOCK LANE is 143m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Metheringham, and where 45 PADDOCK LANE lies on this distribution: 90% of detached houses houses are smaller than 45 PADDOCK LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

45 PADDOCK LANE: Plot and Title Map

45 PADDOCK LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 45 PADDOCK LANE, 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 45 PADDOCK LANE). 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 45 PADDOCK LANE?

45 PADDOCK LANE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 45 on PADDOCK LANE.