25, PAINSWICK CLOSE, REDDITCH, B98 7XU - £305,000

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

25 PAINSWICK CLOSE is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £305,000 in February 2023, which was around 27% below the average February 2023 detached price in the Redditch local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

25 PAINSWICK CLOSE Sold Prices

Land registry data shows five sales for 25 PAINSWICK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the five 25 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
2023 3 FEB	£305,000	£415,744	27% below HPI
2013 5 JUL	£157,000	£236,010	33% below HPI
2001 9 MAY	£89,000	£134,167	34% below HPI
2000 10 JAN	£83,950	£115,204	27% below HPI
1996 10 DEC	£59,999	£88,790	32% below HPI

25 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 five 25 PAINSWICK CLOSE sales between December 1996 and February 2023 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 July 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 25 PAINSWICK CLOSE?

25 PAINSWICK CLOSE is 77m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 25 PAINSWICK CLOSE lies on this distribution: 10% of detached houses are smaller than 25 PAINSWICK CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Redditch.

25 PAINSWICK CLOSE: Plot and Title Map

25 PAINSWICK CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 25 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 25 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 25 PAINSWICK CLOSE?

25 PAINSWICK CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 25 on PAINSWICK CLOSE.