41, PAINSWICK CLOSE, REDDITCH, B98 7XU - £192,500

41 PAINSWICK CLOSE is a very small extended detached house of 72m², built sometime between 1976 and 1982. It was last sold for £192,500 in November 2014, which was around 25% below the average November 2014 detached price in the Redditch local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

41 PAINSWICK CLOSE Sold Prices

Land registry data shows three sales for 41 PAINSWICK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 41 PAINSWICK CLOSE sales were for below 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
2014 11 NOV	£192,500	£257,060	25% below HPI
2003 19 DEC	£145,000	£201,552	28% below HPI
2000 31 MAY	£80,000	£120,173	33% below HPI

41 PAINSWICK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The three 41 PAINSWICK CLOSE sales between May 2000 and November 2014 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 December 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 41 PAINSWICK CLOSE?

41 PAINSWICK CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 41 PAINSWICK CLOSE lies on this distribution: 7% of detached houses are smaller than 41 PAINSWICK CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

41 PAINSWICK CLOSE: Plot and Title Map

41 PAINSWICK CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 41 PAINSWICK CLOSE, 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 PAINSWICK CLOSE). 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 PAINSWICK CLOSE?

41 PAINSWICK CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 41 on PAINSWICK CLOSE.