110, MERCOT CLOSE, REDDITCH, B98 7YY - £160,000

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.

110 MERCOT CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £298,039. It was last sold for £160,000 in April 2012, which was around 26% below the average April 2012 detached price in the Redditch local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

110 MERCOT CLOSE Sold Prices

Land registry data shows one sale for 110 MERCOT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 11 APR	£160,000	£216,489	26% below HPI

What might 110 MERCOT CLOSE be worth now?

110 MERCOT CLOSE might now be worth an estimated £298,039.

This is based on house price inflation of 86.3%, between April 2012 and April 2026, 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 86.3% inflationary increase is applied to the most recent sale price for 110 MERCOT CLOSE of £160,000 on 11th April 2012. For the value to have increased from £160,000 to £298,039 over the fourteen years to April 2026, the following assumptions must hold true:

• The value of 110 MERCOT CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2012 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 110 MERCOT CLOSE has not materially changed since April 2012.

How Large is 110 MERCOT CLOSE?

110 MERCOT CLOSE is 74m² according to the EPC inspection conducted in October 2009. 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 110 MERCOT CLOSE lies on this distribution: 9% of detached houses are smaller than 110 MERCOT CLOSE, and 91% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

110 MERCOT CLOSE: Plot

110 MERCOT CLOSE sits on a plot of roughly 0.116 of an acre, or 468m².

Where is 110 MERCOT CLOSE?

110 MERCOT CLOSE is located in REDDITCH, in the B98 postcode district.