23, PAINSWICK CLOSE, REDDITCH, B98 7XU - £163,000

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.

23 PAINSWICK CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £275,533. It was last sold for £163,000 in September 2013, which was around 30% below the average September 2013 detached price in the Redditch local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

23 PAINSWICK CLOSE Sold Prices

Land registry data shows five sales for 23 PAINSWICK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 23 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
2013 12 SEP	£163,000	£233,153	30% below HPI
2000 22 SEP	£88,000	£123,374	29% below HPI
2000 22 SEP	£88,000	£123,374	29% below HPI
1998 15 DEC	£69,500	£100,841	31% below HPI
1998 15 DEC	£69,500	£100,841	31% below HPI

What might 23 PAINSWICK CLOSE be worth now?

23 PAINSWICK CLOSE might now be worth an estimated £275,533.

This is based on house price inflation of 69%, between September 2013 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 69% inflationary increase is applied to the most recent sale price for 23 PAINSWICK CLOSE of £163,000 on 12th September 2013. For the value to have increased from £163,000 to £275,533 over the thirteen years and four months to May 2026, the following assumptions must hold true:

• The value of 23 PAINSWICK CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The September 2013 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PAINSWICK CLOSE has not materially changed since September 2013.

How Large is 23 PAINSWICK CLOSE?

23 PAINSWICK CLOSE is 74m² according to the EPC inspection conducted in February 2012. 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 23 PAINSWICK CLOSE lies on this distribution: 8% of detached houses are smaller than 23 PAINSWICK CLOSE, and 91% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

23 PAINSWICK CLOSE: Plot

23 PAINSWICK CLOSE sits on a plot of roughly 0.066 of an acre, or 269m².

Where is 23 PAINSWICK CLOSE?

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