34, PADDOCK LANE, METHERINGHAM, LINCOLN, LN4 3YR - £118,000

34 PADDOCK LANE is a very small detached house of 61m², built sometime between 1996 and 2002. It was last sold for £118,000 in February 2011, which was around 36% below the average February 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

34 PADDOCK LANE Sold Prices

Land registry data shows two sales for 34 PADDOCK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 34 PADDOCK LANE 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
2011 18 FEB	£118,000	£184,104	36% below HPI
1998 14 DEC	£52,250	£69,993	25% below HPI

34 PADDOCK LANE 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 two 34 PADDOCK LANE sales from December 1998 and February 2011 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 December 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2011 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 34 PADDOCK LANE?

34 PADDOCK LANE is 61m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 34 PADDOCK LANE lies on this distribution: 2% of detached houses are smaller than 34 PADDOCK LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

34 PADDOCK LANE: Plot and Title Map

34 PADDOCK LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 34 PADDOCK LANE, 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 34 PADDOCK LANE). 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 34 PADDOCK LANE?

34 PADDOCK LANE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 34 on PADDOCK LANE.