56, THE PADDOCK, REDRUTH, TR15 2AG - £99,120

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.

56 THE PADDOCK is a very small semi-detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £147,052. It was last sold for £99,120 in August 2008, which was around 48% below the average August 2008 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

56 THE PADDOCK Sold Prices

Land registry data shows four sales for 56 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the four 56 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
2008 14 AUG	£99,120	£189,600	48% below HPI
2007 14 DEC	£168,000	£199,954	16% below HPI
2002 8 NOV	£89,950	£116,817	23% below HPI
1996 16 JUL	£35,950	£45,760	21% below HPI

56 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 56 THE PADDOCK sales between July 1996 and August 2008 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2008 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 56 THE PADDOCK be worth now?

56 THE PADDOCK might now be worth an estimated £147,052.

This is based on house price inflation of 48.4%, between August 2008 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 48.4% inflationary increase is applied to the most recent sale price for 56 THE PADDOCK of £99,120 on 14th August 2008. For the value to have increased from £99,120 to £147,052 over the eighteen years and three months to May 2026, the following assumptions must hold true:

• The value of 56 THE PADDOCK has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The August 2008 sale price of £99,120 represented a fair market value for the property.
• The size, condition, and specification of 56 THE PADDOCK has not materially changed since August 2008.

How Large is 56 THE PADDOCK?

56 THE PADDOCK is 55m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of semi-detached houses in Redruth, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redruth, and where 56 THE PADDOCK lies on this distribution: 12% of semi-detached houses are smaller than 56 THE PADDOCK, and 85% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redruth.

56 THE PADDOCK: Plot

56 THE PADDOCK sits on a plot of roughly 69.0 acres, or 279,351m².

Where is 56 THE PADDOCK?

56 THE PADDOCK is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 56 on THE PADDOCK.