39, PAINSWICK CLOSE, REDDITCH, B98 7XU - £370,000

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

39 PAINSWICK CLOSE is a large extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £370,000 in October 2022, which was around 10% below the average October 2022 detached price in the Redditch local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

39 PAINSWICK CLOSE Sold Prices

Land registry data shows three sales for 39 PAINSWICK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 39 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
2022 19 OCT	£370,000	£411,431	10% below HPI
2020 12 NOV	£284,000	£352,501	19% below HPI
2013 2 AUG	£123,000	£236,997	48% below HPI

39 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 three 39 PAINSWICK CLOSE sales between August 2013 and October 2022 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 November 2020 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 39 PAINSWICK CLOSE?

39 PAINSWICK CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 39 PAINSWICK CLOSE lies on this distribution: 69% of detached houses are smaller than 39 PAINSWICK CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Redditch.

39 PAINSWICK CLOSE: Plot and Title Map

39 PAINSWICK CLOSE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 39 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 39 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 39 PAINSWICK CLOSE?

39 PAINSWICK CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 39 on PAINSWICK CLOSE.