
Paddock Lane in Speargrass Flat has 6 properties, valued by the council between $4,810,000 and $11,470,000 with a median of $6,215,000 (Speargrass Flat: $5,330,000). More of its homes were built in the 2010s than in any other decade. We estimate its homes at a median $6,275,000. The last sale we have was in December 2019, for $1,675,000.






The council values Paddock Lane's 6 rated properties between $4,810,000 and $11,470,000. The middle half sit between about $5,355,000 and $8,252,500; the median is $6,215,000 and the mean $7,118,333.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 1 | $4.81m | 0 | — |
| 4 | 2 | $5.68m | 0 | — |
| 5+ | 2 | $10.19m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Paddock Lane's median council value is 17% above Speargrass Flat's.
| Paddock Lane | Speargrass Flat | Queenstown | |
|---|---|---|---|
| Median council value | $6.21m | $5.33m | $1.56m |
| Median section | 27,339 m² | 19,265 m² | 719 m² |
| Median year built | 2010 | 2000 | 2010 |
| Council value per m² of floor | $21k | $18k | $9k |
Paddock Lane has 6 houses. More were built in the 2010s than in any other decade (40%).
Every street in Speargrass Flat, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.