123, MERCOT CLOSE, REDDITCH, B98 7YY - £62,500

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.

123 MERCOT CLOSE is a small extended semi-detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £319,831. It was last sold for £62,500 in August 1996, which was around 25% above the average August 1996 semi-detached price in the Redditch local authority area. The most recent EPC inspection was January 2025, where the current energy rating was D, and the potential energy rating was B.

123 MERCOT CLOSE Sold Prices

Land registry data shows one sale for 123 MERCOT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
1996 30 AUG	£62,500	£50,136	25% above HPI

What might 123 MERCOT CLOSE be worth now?

123 MERCOT CLOSE might now be worth an estimated £319,831.

This is based on house price inflation of 411.7%, between August 1996 and April 2026, for semi-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 411.7% inflationary increase is applied to the most recent sale price for 123 MERCOT CLOSE of £62,500 on 30th August 1996. For the value to have increased from £62,500 to £319,831 over the 30 years and four months to April 2026, the following assumptions must hold true:

• The value of 123 MERCOT CLOSE has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The August 1996 sale price of £62,500 represented a fair market value for the property.
• The size, condition, and specification of 123 MERCOT CLOSE has not materially changed since August 1996.

How Large is 123 MERCOT CLOSE?

123 MERCOT CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in January 2025. This puts it in the smallest 30% of semi-detached houses in Redditch, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Redditch, and where 123 MERCOT CLOSE lies on this distribution: 24% of semi-detached houses are smaller than 123 MERCOT CLOSE, and 75% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

123 MERCOT CLOSE: Plot

123 MERCOT CLOSE sits on a plot of roughly 0.049 of an acre, or 197m².

Where is 123 MERCOT CLOSE?

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