5, PADDOCK LANE, METHERINGHAM, LINCOLN, LN4 3YG - £145,000

5 PADDOCK LANE is a large detached house of 104m², built sometime between 1996 and 2002. It was last sold for £145,000 in October 2009, which was around 19% below the average October 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

5 PADDOCK LANE Sold Prices

Land registry data shows two sales for 5 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. One of the two 5 PADDOCK LANE sales was for below the average price, whilst the other 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
2009 1 OCT	£145,000	£178,798	19% below HPI
1996 27 JUN	£64,950	£62,102	5% above HPI

5 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 5 PADDOCK LANE sales from June 1996 and October 2009 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 June 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2009 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 PADDOCK LANE?

5 PADDOCK LANE is 104m² according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 5 PADDOCK LANE lies on this distribution: 68% of detached houses are smaller than 5 PADDOCK LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

5 PADDOCK LANE: Plot and Title Map

5 PADDOCK LANE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 5 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 5 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 5 PADDOCK LANE?

5 PADDOCK LANE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 5 on PADDOCK LANE.