114, THE PADDOCK, REDRUTH, TR15 2BN - £225,000

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.

114 THE PADDOCK is a detached house, which could now be worth an estimated £341,846. It was last sold for £225,000 in June 2014, which was around 20% below the average June 2014 detached price in the Cornwall local authority area.

114 THE PADDOCK Sold Prices

Land registry data shows three sales for 114 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 114 THE PADDOCK 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 26 JUN	£225,000	£282,105	20% below HPI
2003 27 MAY	£165,000	£208,837	21% below HPI
2001 7 MAR	£86,950	£123,475	30% below HPI

What might 114 THE PADDOCK be worth now?

114 THE PADDOCK might now be worth an estimated £341,846.

This is based on house price inflation of 51.9%, between June 2014 and May 2026, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.9% inflationary increase is applied to the most recent sale price for 114 THE PADDOCK of £225,000 on 26th June 2014. For the value to have increased from £225,000 to £341,846 over the twelve years and one month to May 2026, the following assumptions must hold true:

• The value of 114 THE PADDOCK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 114 THE PADDOCK has not materially changed since June 2014.

Where is 114 THE PADDOCK?

114 THE PADDOCK is located in REDRUTH, in the TR15 postcode district.