5, THE PADDOCK, SUDBROOKE, LINCOLN, LN2 2QS - £422,500

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

5 THE PADDOCK is a large extended detached house of 150m², built sometime between 1967 and 1975. It was last sold for £422,500 in June 2023, which was around 55% above the average June 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

5 THE PADDOCK Sold Prices

Land registry data shows two sales for 5 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 5 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
2023 16 JUN	£422,500	£271,933	55% above HPI
2019 29 NOV	£302,500	£227,277	33% above HPI

5 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 5 THE PADDOCK sales from November 2019 and June 2023 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 2019 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 5 THE PADDOCK?

5 THE PADDOCK is 150m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses in Sudbrooke, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbrooke, and where 5 THE PADDOCK lies on this distribution: 66% of detached houses are smaller than 5 THE PADDOCK, and 33% of houses are larger. Note that EPC data is not available for all properties in Sudbrooke.

5 THE PADDOCK: Plot and Title Map

5 THE PADDOCK sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 5 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 5 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 5 THE PADDOCK?

5 THE PADDOCK is located in SUDBROOKE, in the LN2 postcode district. The below map shows the position of No. 5 on THE PADDOCK.