1, PADLEY ROAD, LINCOLN, LN2 4WB - £228,000

1 PADLEY ROAD is a large extended detached house of 115m², built sometime between 2003 and 2006. It was last sold for £228,000 in October 2017, which was around 3% below the average October 2017 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

1 PADLEY ROAD Sold Prices

Land registry data shows three sales for 1 PADLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Two of the three 1 PADLEY ROAD sales were for below the average price, whilst one was 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
2017 5 OCT	£228,000	£234,280	3% below HPI
2003 17 APR	£142,000	£134,933	5% above HPI
2002 6 SEP	£116,495	£120,954	4% below HPI

1 PADLEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The three 1 PADLEY ROAD sales between September 2002 and October 2017 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 April 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 PADLEY ROAD?

1 PADLEY ROAD is 115m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 1 PADLEY ROAD lies on this distribution: 65% of detached houses are smaller than 1 PADLEY ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

1 PADLEY ROAD: Plot and Title Map

1 PADLEY ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 1 PADLEY ROAD, 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 PADLEY ROAD). 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 PADLEY ROAD?

1 PADLEY ROAD is located in LINCOLN, in the LN2 postcode district. The below map shows the position of No. 1 on PADLEY ROAD.