57, PADDOCK LANE, REDDITCH, B98 7XT - £156,000

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.

57 PADDOCK LANE is a midsized semi-detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £203,493. It was last sold for £156,000 in January 2019, which was around 21% below the average January 2019 semi-detached price in the Redditch local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

57 PADDOCK LANE Sold Prices

Land registry data shows one sale for 57 PADDOCK LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2019 25 JAN	£156,000	£196,683	21% below HPI

What might 57 PADDOCK LANE be worth now?

57 PADDOCK LANE might now be worth an estimated £203,493.

This is based on house price inflation of 30.4%, between January 2019 and April 2026, for semi-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 30.4% inflationary increase is applied to the most recent sale price for 57 PADDOCK LANE of £156,000 on 25th January 2019. For the value to have increased from £156,000 to £203,493 over the six years and nine months to April 2026, the following assumptions must hold true:

• The value of 57 PADDOCK LANE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The January 2019 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 57 PADDOCK LANE has not materially changed since January 2019.

How Large is 57 PADDOCK LANE?

57 PADDOCK LANE is 81m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 57 PADDOCK LANE lies on this distribution: 44% of semi-detached houses are smaller than 57 PADDOCK LANE, and 55% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

57 PADDOCK LANE: Plot

57 PADDOCK LANE sits on a plot of roughly 0.029 of an acre, or 116m².

Where is 57 PADDOCK LANE?

57 PADDOCK LANE is located in REDDITCH, in the B98 postcode district.