3, THE PADDOCKS, POTTERHANWORTH, LINCOLN, LN4 2FD - £300,000

3 THE PADDOCKS is a small detached house of 124m², built sometime between 1996 and 2002. It was last sold for £300,000 in May 2020, which was around 21% above the average May 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

3 THE PADDOCKS Sold Prices

Land registry data shows four sales for 3 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The four 3 THE PADDOCKS sales were a mix of above the average price, and roughly equal to 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
2020 21 MAY	£300,000	£248,405	21% above HPI
2020 9 MAR	£255,000	£254,353	Close to HPI
2015 15 JUN	£298,000	£202,138	47% above HPI
2000 24 NOV	£135,000	£80,558	68% above HPI

3 THE PADDOCKS 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 four 3 THE PADDOCKS sales between November 2000 and May 2020 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 March 2020 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2020 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 3 THE PADDOCKS?

3 THE PADDOCKS is 124m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses by size in Potterhanworth, and where 3 THE PADDOCKS lies on this distribution: 37% of detached houses are smaller than 3 THE PADDOCKS, and 63% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

3 THE PADDOCKS: Plot and Title Map

3 THE PADDOCKS sits on a plot of roughly 0.258 of an acre, or 1,044m². The below map shows the location of 3 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 3 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 3 THE PADDOCKS?

3 THE PADDOCKS is located in POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of No. 3 on THE PADDOCKS.