34, THE PADDOCK, REDRUTH, TR15 2AG - £151,000

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.

34 THE PADDOCK is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £231,962. It was last sold for £151,000 in August 2014, which was around 20% below the average August 2014 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was August 2013, where the current energy rating was A, and the potential energy rating was A.

34 THE PADDOCK Sold Prices

Land registry data shows two sales for 34 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 34 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
2014 27 AUG	£151,000	£187,641	20% below HPI
1998 31 MAR	£45,950	£54,712	16% below HPI

34 THE PADDOCK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 34 THE PADDOCK sales from March 1998 and August 2014 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 March 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 34 THE PADDOCK be worth now?

34 THE PADDOCK might now be worth an estimated £231,962.

This is based on house price inflation of 53.6%, between August 2014 and February 2025, 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 53.6% inflationary increase is applied to the most recent sale price for 34 THE PADDOCK of £151,000 on 27th August 2014. For the value to have increased from £151,000 to £231,962 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 34 THE PADDOCK has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The August 2014 sale price of £151,000 represented a fair market value for the property.
• The size, condition, and specification of 34 THE PADDOCK has not materially changed since August 2014.

How Large is 34 THE PADDOCK?

34 THE PADDOCK is 56m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of semi-detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redruth, and where 34 THE PADDOCK lies on this distribution: 5% of semi-detached houses houses are smaller than 34 THE PADDOCK, and 94% of houses are larger. Note that EPC data is not available for all properties in Redruth.

34 THE PADDOCK: Plot and Title Map

34 THE PADDOCK sits on a plot of roughly 69.0 acres, or 279,351m². The below map shows the location of 34 THE PADDOCK, 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 34 THE PADDOCK). 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 34 THE PADDOCK?

34 THE PADDOCK is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 34 on THE PADDOCK.