1 Paddock Lane

    1, PADDOCK LANE, REDDITCH, B98 7XP

    This detached leasehold property on Paddock Lane last sold in March 2022 for £312,000. Based on price growth in the B98 district since then, its estimated current value is £305,991 — placing it in the 51st percentile nationally and the 77th percentile within B98. The property covers 99 m² (1,066 sq ft), giving an estimated value of £3,091 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    99 m²

    (1,066 sq ft)

    Last Sale Price

    £312,000

    Mar 2022

    Estimated Valuation

    £305,991

    Est. £/m²

    £3,091/m²

    £287/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area99 m² (1,066 sq ft)
    EPC dateFeb 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Mar 2022

    £312,000

    31 Jul 2020

    £275,000

    19 Jun 2009

    £155,000

    17 Jul 2005

    £140,000

    30 May 1997

    £63,000

    Key Metrics

    Estimated valuation£305,991
    Value per m² / sq ft£3,091/m² (£287/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile77th percentile
    National percentile51st percentile

    District Context — B98

    B98 covers Redditch and its surrounding areas in Worcestershire, south of Birmingham. It is a mixed residential neighbourhood with a blend of suburban character and local employment opportunities.

    Average Property Price - B98

    £253,918

    29

    National percentile

    Average Net Household Income - B98

    £36,516

    41

    National percentile

    10-Year Annualised Price Growth - B98

    3.9%

    63

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B98

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