39, PADDOCK LANE, METHERINGHAM, LINCOLN, LN4 3YG - £120,000

39 PADDOCK LANE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £120,000 in June 2011, which was around 34% below the average June 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

39 PADDOCK LANE Sold Prices

Land registry data shows four sales for 39 PADDOCK LANE 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. All of the four 39 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 6 JUN	£120,000	£181,659	34% below HPI
2000 15 DEC	£63,500	£80,524	21% below HPI
2000 7 DEC	£64,000	£80,524	21% below HPI
1998 31 MAR	£65,750	£67,479	3% below HPI

39 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 four 39 PADDOCK LANE sales between March 1998 and June 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 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 39 PADDOCK LANE?

39 PADDOCK LANE is 64m² according to the EPC inspection conducted in July 2021. 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 39 PADDOCK LANE lies on this distribution: 4% of detached houses are smaller than 39 PADDOCK LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

39 PADDOCK LANE: Plot and Title Map

39 PADDOCK LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 39 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 39 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 39 PADDOCK LANE?

39 PADDOCK LANE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 39 on PADDOCK LANE.