1, PADDOCK CHASE, GLENTHAM, MARKET RASEN, LN8 2FB - £220,000

1 PADDOCK CHASE is a very small detached house of 82m², built sometime between 2003 and 2006. It was last sold for £220,000 in September 2023, which was around 22% below the average September 2023 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

1 PADDOCK CHASE Sold Prices

Land registry data shows two sales for 1 PADDOCK CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 1 PADDOCK CHASE 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
2023 1 SEP	£220,000	£281,493	22% below HPI
2002 28 FEB	£84,950	£96,230	12% below HPI

1 PADDOCK CHASE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 1 PADDOCK CHASE sales from February 2002 and September 2023 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 PADDOCK CHASE?

1 PADDOCK CHASE is 82m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses by size in Glentham, and where 1 PADDOCK CHASE lies on this distribution: 11% of detached houses are smaller than 1 PADDOCK CHASE, and 89% of houses are larger. Note that EPC data is not available for all properties in Glentham.

1 PADDOCK CHASE: Plot and Title Map

1 PADDOCK CHASE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 1 PADDOCK CHASE, 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 1 PADDOCK CHASE). 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 1 PADDOCK CHASE?

1 PADDOCK CHASE is located in GLENTHAM, in the LN8 postcode district. The below map shows the position of No. 1 on PADDOCK CHASE.