9, THE PADDOCKS, GEDNEY, SPALDING, PE12 0DP - £220,000

9 THE PADDOCKS is a very small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £220,000 in February 2021, which was around 11% below the average February 2021 detached price in the South Holland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.

9 THE PADDOCKS Sold Prices

Land registry data shows five sales for 9 THE PADDOCKS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. The five 9 THE PADDOCKS sales were a mix of below the average price, roughly equal to the average price, and 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
2021 24 FEB	£220,000	£246,990	11% below HPI
2002 12 JUL	£128,950	£111,869	15% above HPI
2000 24 NOV	£84,500	£84,898	Close to HPI
2000 29 SEP	£79,995	£85,958	7% below HPI
1996 2 FEB	£70,000	£57,319	22% above HPI

9 THE PADDOCKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The five 9 THE PADDOCKS sales between February 1996 and February 2021 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 July 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 9 THE PADDOCKS?

9 THE PADDOCKS is 89m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Gedney, based on EPC data. The below chart shows the distribution of detached houses by size in Gedney, and where 9 THE PADDOCKS lies on this distribution: 15% of detached houses are smaller than 9 THE PADDOCKS, and 84% of houses are larger. Note that EPC data is not available for all properties in Gedney.

9 THE PADDOCKS: Plot and Title Map

9 THE PADDOCKS sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 9 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 9 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 9 THE PADDOCKS?

9 THE PADDOCKS is located in GEDNEY, in the PE12 postcode district. The below map shows the position of No. 9 on THE PADDOCKS.