7, THE MAYFIELDS, REDDITCH, B98 7DU - £168,000

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.

7 THE MAYFIELDS is a very large extended terraced house of 121m², built sometime between 1900 and 1929, which could now be worth an estimated £227,863. It was last sold for £168,000 in February 2018, which was around 11% above the average February 2018 terraced 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.

7 THE MAYFIELDS Sold Prices

Land registry data shows one sale for 7 THE MAYFIELDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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 23 FEB	£168,000	£151,158	11% above HPI

What might 7 THE MAYFIELDS be worth now?

7 THE MAYFIELDS might now be worth an estimated £227,863.

This is based on house price inflation of 35.6%, between February 2018 and April 2026, for terraced 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 35.6% inflationary increase is applied to the most recent sale price for 7 THE MAYFIELDS of £168,000 on 23rd February 2018. For the value to have increased from £168,000 to £227,863 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 7 THE MAYFIELDS has moved in line with the HPI for terraced houses in the Redditch local authority area.
• The February 2018 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE MAYFIELDS has not materially changed since February 2018.

How Large is 7 THE MAYFIELDS?

7 THE MAYFIELDS is 121m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of terraced houses in Redditch, based on EPC data. The below chart shows the distribution of terraced houses by size in Redditch, and where 7 THE MAYFIELDS lies on this distribution: 96% of terraced houses are smaller than 7 THE MAYFIELDS, and 4% of terraced houses are larger. Note that EPC data is not available for all properties in Redditch.

7 THE MAYFIELDS: Plot

7 THE MAYFIELDS sits on a plot of roughly 0.109 of an acre, or 443m².

Where is 7 THE MAYFIELDS?

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