PADDOCK HOUSE, NORTHONS LANE, HOLBEACH, SPALDING, PE12 7PZ - £525,000

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

PADDOCK HOUSE is a very large extended detached house of 196m², built sometime before 1900, which could now be worth an estimated £506,133. It was last sold for £525,000 in August 2022, which was around 77% above the average August 2022 detached price in the South Holland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was F, and the potential energy rating was C.

PADDOCK HOUSE Sold Prices

Land registry data shows five sales for PADDOCK HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the five PADDOCK HOUSE 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
2022 12 AUG	£525,000	£296,650	77% above HPI
2016 12 FEB	£302,500	£201,105	50% above HPI
2006 16 JUN	£290,000	£179,069	62% above HPI
2004 5 AUG	£269,000	£156,869	71% above HPI
1996 26 NOV	£100,000	£54,733	83% above HPI

PADDOCK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The five PADDOCK HOUSE sales between November 1996 and August 2022 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 February 2016 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2022 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might PADDOCK HOUSE be worth now?

PADDOCK HOUSE might now be worth an estimated £506,133.

This is based on house price deflation of 3.6%, between August 2022 and December 2024, for detached houses, in the South Holland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.6% deflationary decrease is applied to the most recent sale price for PADDOCK HOUSE of £525,000 on 12th August 2022. For the value to have decreased from £525,000 to £506,133 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of PADDOCK HOUSE has moved in line with the HPI for detached houses in the South Holland local authority area.
• The August 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of PADDOCK HOUSE has not materially changed since August 2022.

How Large is PADDOCK HOUSE?

PADDOCK HOUSE is 196m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbeach, and where PADDOCK HOUSE lies on this distribution: 97% of detached houses houses are smaller than PADDOCK HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

PADDOCK HOUSE: Plot and Title Map

PADDOCK HOUSE sits on a plot of roughly 0.632 of an acre, or 2,559m². The below map shows the location of PADDOCK HOUSE, 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 PADDOCK HOUSE). 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 PADDOCK HOUSE?

PADDOCK HOUSE is located on NORTHONS LANE in HOLBEACH, in the PE12 postcode district. The below map shows the position of PADDOCK HOUSE on NORTHONS LANE.