1, RAY MERCER WAY, KIDDERMINSTER, DY10 1NX - £238,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 RAY MERCER WAY is a large extended detached house of 124m², built sometime between 2003 and 2006. It was last sold for £238,000 in July 2017, which was around 14% below the average July 2017 detached price in the Wyre Forest local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

1 RAY MERCER WAY Sold Prices

Land registry data shows three sales for 1 RAY MERCER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. All of the three 1 RAY MERCER WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 31 JUL	£238,000	£276,021	14% below HPI
2007 2 FEB	£190,000	£238,722	20% below HPI
2003 17 OCT	£179,950	£206,487	13% below HPI

1 RAY MERCER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre Forest local authority area over time, sourced from the HPI. The three 1 RAY MERCER WAY sales between October 2003 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 RAY MERCER WAY?

1 RAY MERCER WAY is 124m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses by size in Kidderminster, and where 1 RAY MERCER WAY lies on this distribution: 69% of detached houses are smaller than 1 RAY MERCER WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

1 RAY MERCER WAY: Plot and Title Map

1 RAY MERCER WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 1 RAY MERCER WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 RAY MERCER WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 RAY MERCER WAY?

1 RAY MERCER WAY is located in KIDDERMINSTER, in the DY10 postcode district. The below map shows the position of No. 1 on RAY MERCER WAY.