36, PAINSWICK CLOSE, REDDITCH, B98 7XU - £240,000

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

36 PAINSWICK CLOSE is a very large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £240,000 in October 2017, which was around 24% below the average October 2017 detached price in the Redditch local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

36 PAINSWICK CLOSE Sold Prices

Land registry data shows four sales for 36 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. Most of the four 36 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
2017 6 OCT	£240,000	£314,559	24% below HPI
2011 29 JUL	£245,000	£234,439	5% above HPI
2004 10 DEC	£212,500	£235,590	10% below HPI
2001 7 SEP	£130,000	£145,935	11% below HPI

36 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 36 PAINSWICK CLOSE sales between September 2001 and October 2017 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 2011 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 36 PAINSWICK CLOSE?

36 PAINSWICK CLOSE is 171m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 36 PAINSWICK CLOSE lies on this distribution: 93% of detached houses are smaller than 36 PAINSWICK CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Redditch.

36 PAINSWICK CLOSE: Plot and Title Map

36 PAINSWICK CLOSE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 36 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 36 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 36 PAINSWICK CLOSE?

36 PAINSWICK CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 36 on PAINSWICK CLOSE.