1, PADDOCK CLOSE, LEGBOURNE, LOUTH, LN11 8FL - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 PADDOCK CLOSE is a very large detached house of 210m², built in 2018, which could now be worth an estimated £505,136. It was last sold for £400,000 in June 2019, which was around 83% above the average June 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was B.

1 PADDOCK CLOSE Sold Prices

Land registry data shows one sale for 1 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 12 JUN	£400,000	£218,478	83% above HPI

What might 1 PADDOCK CLOSE be worth now?

1 PADDOCK CLOSE might now be worth an estimated £505,136.

This is based on house price inflation of 26.3%, between June 2019 and April 2026, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.3% inflationary increase is applied to the most recent sale price for 1 PADDOCK CLOSE of £400,000 on 12th June 2019. For the value to have increased from £400,000 to £505,136 over the seven years and two months to April 2026, the following assumptions must hold true:

• The value of 1 PADDOCK CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2019 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PADDOCK CLOSE has not materially changed since June 2019.

How Large is 1 PADDOCK CLOSE?

1 PADDOCK CLOSE is 210m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Legbourne, and where 1 PADDOCK CLOSE lies on this distribution: 92% of detached houses are smaller than 1 PADDOCK CLOSE, and 8% of detached houses are larger. Note that EPC data is not available for all properties in Legbourne.

1 PADDOCK CLOSE: Plot

1 PADDOCK CLOSE sits on a plot of roughly 0.235 of an acre, or 949m².

Where is 1 PADDOCK CLOSE?

1 PADDOCK CLOSE is located in LEGBOURNE, in the LN11 postcode district.