6, PADLEY ROAD, LINCOLN, LN2 4WB - £211,000

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.

6 PADLEY ROAD is a very large detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £299,712. It was last sold for £211,000 in August 2015, which was about the average August 2015 detached price in the Lincoln local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

6 PADLEY ROAD Sold Prices

Land registry data shows four sales for 6 PADLEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. The four 6 PADLEY ROAD sales were a mix of roughly equal to the average price, above the average price, and 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 6 AUG	£211,000	£211,599	Close to HPI
2014 28 NOV	£197,000	£206,477	5% below HPI
2009 2 SEP	£184,000	£171,802	7% above HPI
2003 27 FEB	£182,995	£131,529	39% above HPI

6 PADLEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 6 PADLEY ROAD sales between February 2003 and August 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 November 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 6 PADLEY ROAD be worth now?

6 PADLEY ROAD might now be worth an estimated £299,712.

This is based on house price inflation of 42%, between August 2015 and February 2025, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42% inflationary increase is applied to the most recent sale price for 6 PADLEY ROAD of £211,000 on 6th August 2015. For the value to have increased from £211,000 to £299,712 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 6 PADLEY ROAD has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The August 2015 sale price of £211,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PADLEY ROAD has not materially changed since August 2015.

How Large is 6 PADLEY ROAD?

6 PADLEY ROAD is 146m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 6 PADLEY ROAD lies on this distribution: 84% of detached houses houses are smaller than 6 PADLEY ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

6 PADLEY ROAD: Plot and Title Map

6 PADLEY ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 6 PADLEY ROAD, 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 6 PADLEY ROAD). 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 6 PADLEY ROAD?

6 PADLEY ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 6 on PADLEY ROAD.