41, PADDOCK LANE, METHERINGHAM, LINCOLN, LN4 3YG - £221,000

41 PADDOCK LANE is a midsized detached house of 91m², built sometime between 1996 and 2002. It was last sold for £221,000 in September 2019, which was around 13% below the average September 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

41 PADDOCK LANE Sold Prices

Land registry data shows three sales for 41 PADDOCK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 41 PADDOCK LANE 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
2019 6 SEP	£221,000	£254,667	13% below HPI
2017 15 SEP	£200,000	£234,209	15% below HPI
1999 17 DEC	£74,500	£72,894	2% above HPI

41 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 three 41 PADDOCK LANE sales between December 1999 and September 2019 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 September 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 41 PADDOCK LANE?

41 PADDOCK LANE is 91m² according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 41 PADDOCK LANE lies on this distribution: 55% of detached houses are smaller than 41 PADDOCK LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

41 PADDOCK LANE: Plot and Title Map

41 PADDOCK LANE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 41 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 41 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 41 PADDOCK LANE?

41 PADDOCK LANE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 41 on PADDOCK LANE.