24, THE MAYFIELDS, REDDITCH, B98 7ED - £136,000

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.

24 THE MAYFIELDS is a large extended semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £178,368. It was last sold for £136,000 in September 2018, which was around 30% below the average September 2018 semi-detached price in the Redditch local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

24 THE MAYFIELDS Sold Prices

Land registry data shows one sale for 24 THE MAYFIELDS 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
2018 4 SEP	£136,000	£195,620	30% below HPI

What might 24 THE MAYFIELDS be worth now?

24 THE MAYFIELDS might now be worth an estimated £178,368.

This is based on house price inflation of 31.2%, between September 2018 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 31.2% inflationary increase is applied to the most recent sale price for 24 THE MAYFIELDS of £136,000 on 4th September 2018. For the value to have increased from £136,000 to £178,368 over the eight years and five months to April 2026, the following assumptions must hold true:

• The value of 24 THE MAYFIELDS has moved in line with the HPI for semi-detached houses in the Redditch local authority area.
• The September 2018 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE MAYFIELDS has not materially changed since September 2018.

How Large is 24 THE MAYFIELDS?

24 THE MAYFIELDS is 90m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% 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 24 THE MAYFIELDS lies on this distribution: 66% of semi-detached houses are smaller than 24 THE MAYFIELDS, and 32% of semi-detached houses are larger. Note that EPC data is not available for all properties in Redditch.

24 THE MAYFIELDS: Plot

24 THE MAYFIELDS sits on a plot of roughly 0.073 of an acre, or 294m².

Where is 24 THE MAYFIELDS?

24 THE MAYFIELDS is located in REDDITCH, in the B98 postcode district.