3, RAY MERCER WAY, KIDDERMINSTER, DY10 1NX - £241,000

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.

3 RAY MERCER WAY is a small extended semi-detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £310,623. It was last sold for £241,000 in November 2019, which was around 29% above the average November 2019 semi-detached price in the Wyre Forest local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

3 RAY MERCER WAY Sold Prices

Land registry data shows two sales for 3 RAY MERCER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Wyre Forest local authority area for the corresponding sale date. Both of the two 3 RAY MERCER WAY sales were for above 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
2019 29 NOV	£241,000	£187,100	29% above HPI
2003 24 SEP	£159,950	£123,671	29% above HPI

3 RAY MERCER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Wyre Forest local authority area over time, sourced from the HPI. The two 3 RAY MERCER WAY sales from September 2003 and November 2019 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 September 2003 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2019 sale, which was also at 29% above the HPI.

What might 3 RAY MERCER WAY be worth now?

3 RAY MERCER WAY might now be worth an estimated £310,623.

This is based on house price inflation of 28.9%, between November 2019 and March 2025, for semi-detached houses, in the Wyre Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for 3 RAY MERCER WAY of £241,000 on 29th November 2019. For the value to have increased from £241,000 to £310,623 over the six years and eight months to March 2025, the following assumptions must hold true:

• The value of 3 RAY MERCER WAY has moved in line with the HPI for semi-detached houses in the Wyre Forest local authority area.
• The November 2019 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RAY MERCER WAY has not materially changed since November 2019.

How Large is 3 RAY MERCER WAY?

3 RAY MERCER WAY is 91m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of semi-detached houses houses in Kidderminster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kidderminster, and where 3 RAY MERCER WAY lies on this distribution: 29% of semi-detached houses houses are smaller than 3 RAY MERCER WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

3 RAY MERCER WAY: Plot and Title Map

3 RAY MERCER WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 3 RAY MERCER WAY, 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 3 RAY MERCER WAY). 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 3 RAY MERCER WAY?

3 RAY MERCER WAY is located in KIDDERMINSTER, in the DY10 postcode district. The below map shows the position of No. 3 on RAY MERCER WAY.