60, THE PADDOCK, REDRUTH, TR15 2AG - £159,950

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.

60 THE PADDOCK is a very small semi-detached house of 51m², built sometime between 1996 and 2002, which could now be worth an estimated £231,808. It was last sold for £159,950 in April 2007, which was around 17% below the average April 2007 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was A.

60 THE PADDOCK Sold Prices

Land registry data shows two sales for 60 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 60 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
2007 2 APR	£159,950	£192,369	17% below HPI
1996 1 FEB	£35,950	£45,505	21% below HPI

60 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 two 60 THE PADDOCK sales from February 1996 and April 2007 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 February 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2007 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 60 THE PADDOCK be worth now?

60 THE PADDOCK might now be worth an estimated £231,808.

This is based on house price inflation of 44.9%, between April 2007 and April 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 44.9% inflationary increase is applied to the most recent sale price for 60 THE PADDOCK of £159,950 on 2nd April 2007. For the value to have increased from £159,950 to £231,808 over the nineteen years to April 2026, the following assumptions must hold true:

• The value of 60 THE PADDOCK has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The April 2007 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 60 THE PADDOCK has not materially changed since April 2007.

How Large is 60 THE PADDOCK?

60 THE PADDOCK is 51m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% 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 60 THE PADDOCK lies on this distribution: 4% of semi-detached houses are smaller than 60 THE PADDOCK, and 95% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redruth.

60 THE PADDOCK: Plot

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

Where is 60 THE PADDOCK?

60 THE PADDOCK is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 60 on THE PADDOCK.