59, PADDOCK LANE, METHERINGHAM, LINCOLN, LN4 3YG - £160,000

59 PADDOCK LANE is a small extended detached house of 78m², built sometime between 1996 and 2002. It was last sold for £160,000 in June 2015, which was around 21% below the average June 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2024, where the current energy rating was E, and the potential energy rating was B.

59 PADDOCK LANE Sold Prices

Land registry data shows five sales for 59 PADDOCK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 59 PADDOCK LANE 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
2015 19 JUN	£160,000	£202,138	21% below HPI
2009 16 JAN	£130,000	£171,287	24% below HPI
2005 8 APR	£144,000	£176,574	18% below HPI
2001 3 AUG	£75,500	£86,657	13% below HPI
1998 20 NOV	£64,950	£69,217	6% below HPI

59 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 five 59 PADDOCK LANE sales between November 1998 and June 2015 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 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 59 PADDOCK LANE?

59 PADDOCK LANE is 78m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 59 PADDOCK LANE lies on this distribution: 30% of detached houses are smaller than 59 PADDOCK LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

59 PADDOCK LANE: Plot and Title Map

59 PADDOCK LANE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 59 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 59 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 59 PADDOCK LANE?

59 PADDOCK LANE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 59 on PADDOCK LANE.