THE PADDOCKS, BACK LANE, INGOLDSBY, GRANTHAM, NG33 4EW - £336,500

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

THE PADDOCKS is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £336,500 in August 2012, which was around 54% above the average August 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was E.

THE PADDOCKS Sold Prices

Land registry data shows two sales for THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two THE PADDOCKS 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
2012 24 AUG	£336,500	£218,720	54% above HPI
1999 1 SEP	£164,000	£94,775	73% above HPI

THE PADDOCKS 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 two THE PADDOCKS sales from September 1999 and August 2012 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 September 1999 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2012 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is THE PADDOCKS?

THE PADDOCKS is 66m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Ingoldsby, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldsby, and where THE PADDOCKS lies on this distribution: 3% of detached houses are smaller than THE PADDOCKS, and 98% of houses are larger. Note that EPC data is not available for all properties in Ingoldsby.

THE PADDOCKS: Plot and Title Map

THE PADDOCKS sits on a plot of roughly 3.3 acres, or 13,342m². The below map shows the location of THE PADDOCKS, 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 PADDOCKS). 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 PADDOCKS?

THE PADDOCKS is located on BACK LANE in INGOLDSBY, in the NG33 postcode district. The below map shows the position of THE PADDOCKS on BACK LANE.