55, THE PADDOCK, REDRUTH, TR15 2AG - £48,500

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.

55 THE PADDOCK is a semi-detached house, which could now be worth an estimated £218,575. It was last sold for £48,500 in October 1999, which was around 22% below the average October 1999 semi-detached price in the Cornwall local authority area.

55 THE PADDOCK Sold Prices

Land registry data shows three sales for 55 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 55 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
1999 21 OCT	£48,500	£62,415	22% below HPI
1997 31 JUL	£41,500	£51,234	19% below HPI
1996 25 JUL	£35,950	£45,760	21% below HPI

What might 55 THE PADDOCK be worth now?

55 THE PADDOCK might now be worth an estimated £218,575.

This is based on house price inflation of 350.7%, between October 1999 and May 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 350.7% inflationary increase is applied to the most recent sale price for 55 THE PADDOCK of £48,500 on 21st October 1999. For the value to have increased from £48,500 to £218,575 over the 27 years and five months to May 2026, the following assumptions must hold true:

• The value of 55 THE PADDOCK has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The October 1999 sale price of £48,500 represented a fair market value for the property.
• The size, condition, and specification of 55 THE PADDOCK has not materially changed since October 1999.

Where is 55 THE PADDOCK?

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