PADDOCKS LODGE, MEADOW HILL, GREAT GLEN, LEICESTER, LE8 9FX - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PADDOCKS LODGE is a very small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £398,498. It was last sold for £370,000 in August 2024, which was around 18% below the average August 2024 detached price in the Harborough local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

PADDOCKS LODGE Sold Prices

Land registry data shows two sales for PADDOCKS LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two PADDOCKS LODGE 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
2024 20 AUG	£370,000	£450,647	18% below HPI
1995 6 JUN	£55,000	£86,762	37% below HPI

PADDOCKS LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The two PADDOCKS LODGE sales from June 1995 and August 2024 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 1995 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might PADDOCKS LODGE be worth now?

PADDOCKS LODGE might now be worth an estimated £398,498.

This is based on house price inflation of 7.7%, between August 2024 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.7% inflationary increase is applied to the most recent sale price for PADDOCKS LODGE of £370,000 on 20th August 2024. For the value to have increased from £370,000 to £398,498 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of PADDOCKS LODGE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The August 2024 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of PADDOCKS LODGE has not materially changed since August 2024.

How Large is PADDOCKS LODGE?

PADDOCKS LODGE is 91m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses houses in Great Glen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Glen, and where PADDOCKS LODGE lies on this distribution: 14% of detached houses houses are smaller than PADDOCKS LODGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Great Glen.

PADDOCKS LODGE: Plot and Title Map

PADDOCKS LODGE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of PADDOCKS LODGE, 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 PADDOCKS LODGE). 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 PADDOCKS LODGE?

PADDOCKS LODGE is located on MEADOW HILL in GREAT GLEN, in the LE8 postcode district. The below map shows the position of PADDOCKS LODGE on MEADOW HILL.