75, PADDOCK LANE, REDDITCH, B98 7XT - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

75 PADDOCK LANE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £215,000 in September 2016, which was around 27% below the average September 2016 detached price in the Redditch local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

75 PADDOCK LANE Sold Prices

Land registry data shows four sales for 75 PADDOCK LANE 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 75 PADDOCK LANE 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
2016 15 SEP	£215,000	£295,347	27% below HPI
2011 1 APR	£173,000	£229,853	25% below HPI
2009 17 APR	£145,000	£213,281	32% below HPI
2000 19 MAY	£75,000	£120,173	38% below HPI

75 PADDOCK LANE 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 75 PADDOCK LANE sales between May 2000 and September 2016 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 April 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 75 PADDOCK LANE?

75 PADDOCK LANE is 73m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 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 75 PADDOCK LANE lies on this distribution: 7% of detached houses are smaller than 75 PADDOCK LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Redditch.

75 PADDOCK LANE: Plot and Title Map

75 PADDOCK LANE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 75 PADDOCK LANE, 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 75 PADDOCK LANE). 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 75 PADDOCK LANE?

75 PADDOCK LANE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 75 on PADDOCK LANE.