41, PAINSWICK CLOSE, REDDITCH, B98 7XU - £310,000

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.

41 PAINSWICK CLOSE is a very small extended detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £295,195. It was last sold for £310,000 in July 2024, which was around 22% below the average July 2024 detached price in the Redditch local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

41 PAINSWICK CLOSE Sold Prices

Land registry data shows four sales for 41 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 41 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 5 JUL	£310,000	£399,865	22% below HPI
2014 11 NOV	£192,500	£247,616	22% below HPI
2003 19 DEC	£145,000	£194,148	25% below HPI
2000 31 MAY	£80,000	£115,758	31% below HPI

41 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 41 PAINSWICK CLOSE sales between May 2000 and July 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 November 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2024 sale, which was also at 22% below the HPI.

What might 41 PAINSWICK CLOSE be worth now?

41 PAINSWICK CLOSE might now be worth an estimated £295,195.

This is based on house price deflation of 4.8%, between July 2024 and February 2025, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.8% deflationary decrease is applied to the most recent sale price for 41 PAINSWICK CLOSE of £310,000 on 5th July 2024. For the value to have decreased from £310,000 to £295,195 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 41 PAINSWICK CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The July 2024 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 41 PAINSWICK CLOSE has not materially changed since July 2024.

How Large is 41 PAINSWICK CLOSE?

41 PAINSWICK CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redditch, and where 41 PAINSWICK CLOSE lies on this distribution: 7% of detached houses houses are smaller than 41 PAINSWICK CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

41 PAINSWICK CLOSE: Plot and Title Map

41 PAINSWICK CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 41 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 41 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 41 PAINSWICK CLOSE?

41 PAINSWICK CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 41 on PAINSWICK CLOSE.