The Paddock, Redruth house prices

The Paddock, Redruth house prices are built from 268 sales lodged with HM Land Registry, the oldest in 1996 and the most recent on 17 Jun 2026. The median price paid across the whole record is £95,225. Across the 10 years from 2015 to 2025 the median moved +66.7% in cash — but once inflation is taken out, the change in 2026 money is +20.8%.

HM Land Registry268 sales59 with floor areaLatest sale 17 Jun 2026

The chart tracks the median The Paddock, Redruth house price for every year with a recorded sale, from 1996 to 2025. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.

The highest yearly median on record for The Paddock, Redruth is £245,000 in 2025; the lowest is £35,950 in 1996. Across the full 30-year record the cash median has moved from £35,950 to £245,000.

In 2026 money that first median is worth £77,984, so the real change over the whole record is +221.0% — about +4.10% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.

Over the last decade alone the difference is stark: +66.7% in cash against +20.8% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.

Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.

These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to The Paddock, Redruth values — no mix of property types can flatter the number.

The mix of property types explains a large part of any area's median. The Paddock, Redruth is dominated by the type at the top of this table, so its overall median leans that way.

3 of the sales on record are leasehold and 265 freehold — 1.1% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.

The median leasehold sale is £100,300 and the median freehold sale £89,950 — a gap of -10.3%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.

New builds sold for less than the median existing home — -59.9%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.

A further 3 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.

Every certificate carries an energy efficiency band as well as a floor area. Across Cornwall, 37.4% of 321,040 certificates sit in bands A to C, and 14.2% in F or G — the bands that cost the most to heat and are hardest to mortgage.

The Office for National Statistics puts the mean private rent in Cornwall at £1,005 a month as of Jun 2026 — £692 for a one-bedroom home and £1,082 for three bedrooms.

Against the median sale of £95,225 here, that rent is a gross yield of 12.66% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.

Police forces publish every recorded street-level crime. Within a mile of the centre of TR15, 111 crimes were recorded in Jun 2026: 46 violent, 4 burglary, 7 vehicle-related and 12 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 1.5 times quieter.

Against the 570,305 residents the 2021 census counted in Cornwall, that is 0.19 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.

A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.

The 2021 census counted 570,305 residents in Cornwall across 250,533 households. 67.4% of those households own their home and 32.5% rent — a split the sold record cannot show, because only owners appear in it.

6 state and independent schools have a TR15 postcode: 4 primary, 2 secondary. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.

The median across the whole archive is £157,500. The Paddock, Redruth sits below that national figure — -39.5%.

Within Redruth the street ranks 518 of 575 by median price, and its median is below the town figure of £145,000 (-34.3%).

Where an EPC floor area could be matched to the sale, the median works out at £2,286 per square metre, across 59 of the 268 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.

The full range on record runs from £35,950 to £280,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.

The Paddock, Redruth sits in Cornwall, in the South West.

The Office for National Statistics puts the median home in Cornwall at 8.6 times median local earnings of £33,889 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.

Streets nearby

• Fore Street£90,475 median
• Treloweth Way£79,225 median
• Agar Road£105,000 median
• Sunnyside Parc£158,000 median
• Falmouth Road£112,500 median
• Albany Road£167,000 median
• Knights Way£128,000 median
• Wheal Agar£149,950 median
• Mount Ambrose£163,750 median
• Clinton Road£144,000 median
• Gweal Pawl£141,000 median
• Merritts Way£122,225 median
• Town Farm£129,000 median
• Treganoon Road£145,000 median
• South Park£123,000 median
• Wilkinson Gardens£153,500 median

Addresses with more than one recorded sale

• 117 the Paddock6 sales
• 53 the Paddock5 sales
• 111 the Paddock5 sales
• 4 the Paddock4 sales
• 45 the Paddock4 sales
• 33 the Paddock4 sales
• 92 the Paddock4 sales
• 119 the Paddock4 sales
• 7 the Paddock4 sales
• 81 the Paddock4 sales
• 72 the Paddock4 sales
• 109 the Paddock4 sales
• 11 the Paddock4 sales
• 8 the Paddock4 sales
• 118 the Paddock4 sales
• 23 the Paddock4 sales
• 12 the Paddock4 sales
• 56 the Paddock4 sales
• 29 the Paddock3 sales
• 2 the Paddock3 sales
• 36 the Paddock3 sales
• 50 the Paddock3 sales
• 59 the Paddock3 sales
• 49 the Paddock3 sales

Back to Redruth house prices.

What is the average house price in The Paddock, Redruth?

The median price paid in The Paddock, Redruth across every sale on the register is £95,225. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.

How many homes have sold in The Paddock, Redruth?

268 sales are on record for The Paddock, Redruth, the most recent completing on 17 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.

Have The Paddock, Redruth house prices actually risen?

In cash, the median rose +66.7% between 2015 and 2025. In 2026 money — that is, after inflation — the change is +20.8%. Both numbers are true; only the second one tells you whether buying here preserved value.

When were The Paddock, Redruth house prices at their highest?

The highest yearly median on record is £245,000, set in 2025. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.

What is the price per square metre in The Paddock, Redruth?

£2,286 per square metre, from the 59 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.

How current is this data?

The latest sale shown here completed on 17 Jun 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.

Cite this page: Sold Price History, “The Paddock, Redruth house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.