6, THE PADDOCK, CHERRY WILLINGHAM, LINCOLN, LN3 4PS - £250,000

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

6 THE PADDOCK is a midsized detached house of 90m², built sometime between 1996 and 2002. It was last sold for £250,000 in October 2018, which was around 11% above the average October 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

6 THE PADDOCK Sold Prices

Land registry data shows three sales for 6 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 6 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
2018 5 OCT	£250,000	£225,536	11% above HPI
2016 8 JUN	£245,000	£196,707	25% above HPI
1998 15 JUL	£79,950	£69,742	15% above HPI

6 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 three 6 THE PADDOCK sales between July 1998 and October 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 June 2016 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 6 THE PADDOCK?

6 THE PADDOCK is 90m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% of detached houses in Cherry Willingham, based on EPC data. The below chart shows the distribution of detached houses by size in Cherry Willingham, and where 6 THE PADDOCK lies on this distribution: 41% of detached houses are smaller than 6 THE PADDOCK, and 57% of houses are larger. Note that EPC data is not available for all properties in Cherry Willingham.

6 THE PADDOCK: Plot and Title Map

6 THE PADDOCK sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 6 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 6 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 6 THE PADDOCK?

6 THE PADDOCK is located in CHERRY WILLINGHAM, in the LN3 postcode district. The below map shows the position of No. 6 on THE PADDOCK.