61, PADDOCK LANE, METHERINGHAM, LINCOLN, LN4 3YG - £119,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

61 PADDOCK LANE is a very small extended semi-detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £169,422. It was last sold for £119,500 in March 2016, which was around 15% below the average March 2016 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

61 PADDOCK LANE Sold Prices

Land registry data shows five sales for 61 PADDOCK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. The five 61 PADDOCK LANE sales were a mix of below the average price, and roughly equal to 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
2016 30 MAR	£119,500	£140,151	15% below HPI
2009 9 OCT	£108,000	£116,803	8% below HPI
2004 27 OCT	£109,950	£109,804	Close to HPI
2001 24 AUG	£49,000	£52,641	7% below HPI
1998 25 SEP	£41,250	£41,092	Close to HPI

61 PADDOCK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 61 PADDOCK LANE sales between September 1998 and March 2016 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 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 61 PADDOCK LANE be worth now?

61 PADDOCK LANE might now be worth an estimated £169,422.

This is based on house price inflation of 41.8%, between March 2016 and December 2024, for semi-detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.8% inflationary increase is applied to the most recent sale price for 61 PADDOCK LANE of £119,500 on 30th March 2016. For the value to have increased from £119,500 to £169,422 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 61 PADDOCK LANE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The March 2016 sale price of £119,500 represented a fair market value for the property.
• The size, condition, and specification of 61 PADDOCK LANE has not materially changed since March 2016.

How Large is 61 PADDOCK LANE?

61 PADDOCK LANE is 59m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of semi-detached houses houses in Metheringham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Metheringham, and where 61 PADDOCK LANE lies on this distribution: 1% of semi-detached houses houses are smaller than 61 PADDOCK LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

61 PADDOCK LANE: Plot and Title Map

61 PADDOCK LANE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 61 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 61 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 61 PADDOCK LANE?

61 PADDOCK LANE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 61 on PADDOCK LANE.