116, THE PADDOCK, REDRUTH, TR15 2BN - £74,000

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.

116 THE PADDOCK is a semi-detached house, which could now be worth an estimated £227,327. It was last sold for £74,000 in January 2002, which was around 18% below the average January 2002 semi-detached price in the Cornwall local authority area.

116 THE PADDOCK Sold Prices

Land registry data shows two sales for 116 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 116 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
2002 11 JAN	£74,000	£90,134	18% below HPI
2000 31 MAY	£57,950	£68,462	15% below HPI

What might 116 THE PADDOCK be worth now?

116 THE PADDOCK might now be worth an estimated £227,327.

This is based on house price inflation of 207.2%, between January 2002 and July 2026, for semi-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 207.2% inflationary increase is applied to the most recent sale price for 116 THE PADDOCK of £74,000 on 11th January 2002. For the value to have increased from £74,000 to £227,327 over the 23 years and six months to July 2026, the following assumptions must hold true:

• The value of 116 THE PADDOCK has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The January 2002 sale price of £74,000 represented a fair market value for the property.
• The size, condition, and specification of 116 THE PADDOCK has not materially changed since January 2002.

Where is 116 THE PADDOCK?

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