THE PADDOCKS, GREAVES LANE, EDINGLEY, NEWARK, NG22 8BJ - £620,000

THE PADDOCKS is a small extended detached house of 144m², built sometime between 1983 and 1990. It was last sold for £620,000 in May 2021, which was around 117% above the average May 2021 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

THE PADDOCKS Sold Prices

Land registry data shows three sales for THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the three 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
2021 31 MAY	£620,000	£286,176	117% above HPI
2010 22 SEP	£400,000	£210,020	90% above HPI
2004 19 JAN	£285,000	£179,830	58% above HPI

THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three THE PADDOCKS sales between January 2004 and May 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 September 2010 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the May 2021 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is THE PADDOCKS?

THE PADDOCKS is 144m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses in Edingley, based on EPC data. The below chart shows the distribution of detached houses by size in Edingley, and where THE PADDOCKS lies on this distribution: 21% of detached houses are smaller than THE PADDOCKS, and 79% of houses are larger. Note that EPC data is not available for all properties in Edingley.

THE PADDOCKS: Plot and Title Map

THE PADDOCKS sits on a plot of roughly 51.3 acres, or 207,432m². 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 GREAVES LANE in EDINGLEY, in the NG22 postcode district. The below map shows the position of THE PADDOCKS on GREAVES LANE.