64, MERCOT CLOSE, REDDITCH, B98 7YY - £325,000

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.

64 MERCOT CLOSE is a very small detached house of 57m², built sometime between 1976 and 1982, which could now be worth an estimated £329,284. It was last sold for £325,000 in November 2022, which was around 18% below the average November 2022 detached price in the Redditch local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

64 MERCOT CLOSE Sold Prices

Land registry data shows one sale for 64 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
2022 8 NOV	£325,000	£398,016	18% below HPI

What might 64 MERCOT CLOSE be worth now?

64 MERCOT CLOSE might now be worth an estimated £329,284.

This is based on house price inflation of 1.3%, between November 2022 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 1.3% inflationary increase is applied to the most recent sale price for 64 MERCOT CLOSE of £325,000 on 8th November 2022. For the value to have increased from £325,000 to £329,284 over the four years and seven months to April 2026, the following assumptions must hold true:

• The value of 64 MERCOT CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 64 MERCOT CLOSE has not materially changed since November 2022.

How Large is 64 MERCOT CLOSE?

64 MERCOT CLOSE is 57m² according to the EPC inspection conducted in July 2022. 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 64 MERCOT CLOSE lies on this distribution: 1% of detached houses are smaller than 64 MERCOT CLOSE, and 98% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

64 MERCOT CLOSE: Plot

64 MERCOT CLOSE sits on a plot of roughly 0.150 of an acre, or 609m².

Where is 64 MERCOT CLOSE?

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