16, PAINSWICK CLOSE, REDDITCH, B98 7XU - £200,000

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.

16 PAINSWICK CLOSE is a midsized detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £321,979. It was last sold for £200,000 in July 2014, which was around 18% below the average July 2014 detached price in the Redditch local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

16 PAINSWICK CLOSE Sold Prices

Land registry data shows one sale for 16 PAINSWICK 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 Redditch 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
2014 25 JUL	£200,000	£244,810	18% below HPI

What might 16 PAINSWICK CLOSE be worth now?

16 PAINSWICK CLOSE might now be worth an estimated £321,979.

This is based on house price inflation of 61%, between July 2014 and May 2026, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61% inflationary increase is applied to the most recent sale price for 16 PAINSWICK CLOSE of £200,000 on 25th July 2014. For the value to have increased from £200,000 to £321,979 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 16 PAINSWICK CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2014 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PAINSWICK CLOSE has not materially changed since July 2014.

How Large is 16 PAINSWICK CLOSE?

16 PAINSWICK CLOSE is 118m² according to the EPC inspection conducted in December 2014. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 16 PAINSWICK CLOSE lies on this distribution: 58% of detached houses are smaller than 16 PAINSWICK CLOSE, and 40% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

16 PAINSWICK CLOSE: Plot

16 PAINSWICK CLOSE sits on a plot of roughly 0.078 of an acre, or 316m².

Where is 16 PAINSWICK CLOSE?

16 PAINSWICK CLOSE is located in REDDITCH, in the B98 postcode district.