8, PADDOCK CLOSE, ROPSLEY, GRANTHAM, NG33 4BJ - £177,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 PADDOCK CLOSE is a very small detached house of 50m², built sometime between 1950 and 1966. It was last sold for £177,500 in October 2020, which was around 43% below the average October 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

8 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 8 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 8 PADDOCK CLOSE 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
2020 23 OCT	£177,500	£308,927	43% below HPI
2016 30 NOV	£154,000	£273,230	44% below HPI
2015 30 OCT	£120,000	£254,973	53% below HPI

8 PADDOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 8 PADDOCK CLOSE sales between October 2015 and October 2020 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 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 8 PADDOCK CLOSE?

8 PADDOCK CLOSE is 50m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Ropsley, based on EPC data. The below chart shows the distribution of detached houses by size in Ropsley, and where 8 PADDOCK CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 8 PADDOCK CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ropsley.

8 PADDOCK CLOSE: Plot and Title Map

8 PADDOCK CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 8 PADDOCK CLOSE, 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 8 PADDOCK CLOSE). 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 8 PADDOCK CLOSE?

8 PADDOCK CLOSE is located in ROPSLEY, in the NG33 postcode district. The below map shows the position of No. 8 on PADDOCK CLOSE.