21, PAINSWICK CLOSE, REDDITCH, B98 7XU - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 PAINSWICK CLOSE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £275,000 in August 2024, which was around 34% below the average August 2024 detached price in the Redditch local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

21 PAINSWICK CLOSE Sold Prices

Land registry data shows four sales for 21 PAINSWICK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the four 21 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
2024 13 AUG	£275,000	£419,328	34% below HPI
2021 20 JAN	£253,000	£358,139	29% below HPI
2016 15 AUG	£193,500	£294,498	34% below HPI
2000 15 DEC	£88,500	£129,792	32% below HPI

21 PAINSWICK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The four 21 PAINSWICK CLOSE sales between December 2000 and August 2024 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 January 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2024 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 21 PAINSWICK CLOSE?

21 PAINSWICK CLOSE is 64m² according to the EPC inspection conducted in March 2016. 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 21 PAINSWICK CLOSE lies on this distribution: 3% of detached houses are smaller than 21 PAINSWICK CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redditch.

21 PAINSWICK CLOSE: Plot and Title Map

21 PAINSWICK CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 21 PAINSWICK CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 21 PAINSWICK CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 21 PAINSWICK CLOSE?

21 PAINSWICK CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 21 on PAINSWICK CLOSE.