THE PADDOCK, LINCOLN ROAD, SCOPWICK, LINCOLN, LN4 3JA - £516,000

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.

THE PADDOCK is a small extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £546,712. It was last sold for £516,000 in December 2021, which was around 81% above the average December 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

THE PADDOCK Sold Prices

Land registry data shows two sales for THE PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two THE PADDOCK sales was for above the average price, whilst the other was 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
2021 20 DEC	£516,000	£285,742	81% above HPI
2019 24 JAN	£250,000	£253,137	1% below HPI

THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two THE PADDOCK sales from January 2019 and December 2021 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 January 2019 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2021 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might THE PADDOCK be worth now?

THE PADDOCK might now be worth an estimated £546,712.

This is based on house price inflation of 6%, between December 2021 and February 2025, for 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 6% inflationary increase is applied to the most recent sale price for THE PADDOCK of £516,000 on 20th December 2021. For the value to have increased from £516,000 to £546,712 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of THE PADDOCK has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2021 sale price of £516,000 represented a fair market value for the property.
• The size, condition, and specification of THE PADDOCK has not materially changed since December 2021.

How Large is THE PADDOCK?

THE PADDOCK is 124m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses houses in Scopwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scopwick, and where THE PADDOCK lies on this distribution: 33% of detached houses houses are smaller than THE PADDOCK, and 64% of houses are larger. Note that EPC data is not available for all properties in Scopwick.

THE PADDOCK: Plot and Title Map

THE PADDOCK sits on a plot of roughly 1.2 acres, or 4,700m². The below map shows the location of THE 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 THE 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.

Where is THE PADDOCK?

THE PADDOCK is located on LINCOLN ROAD in SCOPWICK, in the LN4 postcode district. The below map shows the position of THE PADDOCK on LINCOLN ROAD.