Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
9 THE COTTAGE PADDOCK is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £160,000 in November 2014, which was around 22% below the average November 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 9 THE COTTAGE PADDOCK since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 9 THE COTTAGE PADDOCK 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 |
---|---|---|---|
2014 28 NOV | £160,000 | £203,895 | 22% below HPI |
2005 24 NOV | £142,000 | £178,430 | 20% below HPI |
The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 9 THE COTTAGE PADDOCK sales from November 2005 and November 2014 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
9 THE COTTAGE PADDOCK is 85m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 9 THE COTTAGE PADDOCK lies on this distribution: 31% of detached houses are smaller than 9 THE COTTAGE PADDOCK, and 68% of houses are larger. Note that EPC data is not available for all properties in Lincoln.
9 THE COTTAGE PADDOCK sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 9 THE COTTAGE 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 9 THE COTTAGE 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.
9 THE COTTAGE PADDOCK is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 9 on THE COTTAGE PADDOCK.