5, THE PADDOCKS, GREAT HALE, SLEAFORD, NG34 9GX - £239,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 THE PADDOCKS is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £239,000 in February 2018, which was around 1% below the average February 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

5 THE PADDOCKS Sold Prices

Land registry data shows four sales for 5 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 5 THE PADDOCKS 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
2018 16 FEB	£239,000	£240,862	1% below HPI
2014 17 OCT	£178,000	£204,340	13% below HPI
2008 14 FEB	£177,000	£188,650	6% below HPI
2004 12 AUG	£155,000	£171,818	10% below HPI

5 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 four 5 THE PADDOCKS sales between August 2004 and February 2018 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 October 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 THE PADDOCKS?

5 THE PADDOCKS is 83m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Great Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Great Hale, and where 5 THE PADDOCKS lies on this distribution: 27% of detached houses are smaller than 5 THE PADDOCKS, and 73% of houses are larger. Note that EPC data is not available for all properties in Great Hale.

5 THE PADDOCKS: Plot and Title Map

5 THE PADDOCKS sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 5 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 5 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 5 THE PADDOCKS?

5 THE PADDOCKS is located in GREAT HALE, in the NG34 postcode district. The below map shows the position of No. 5 on THE PADDOCKS.