101, MERCOT CLOSE, REDDITCH, B98 7YY - £216,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

101 MERCOT CLOSE is a very small semi-detached house of 65m², built sometime between 1983 and 1990. It was last sold for £216,000 in January 2018, which was around 33% below the average January 2018 detached price in the Redditch local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

101 MERCOT CLOSE Sold Prices

Land registry data shows two sales for 101 MERCOT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. Both of the two 101 MERCOT CLOSE 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
2018 19 JAN	£216,000	£322,238	33% below HPI
2005 28 OCT	£156,950	£237,419	34% below HPI

101 MERCOT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The two 101 MERCOT CLOSE sales from October 2005 and January 2018 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 October 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2018 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 101 MERCOT CLOSE?

101 MERCOT CLOSE is 65m² according to the EPC inspection conducted in July 2017. 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 101 MERCOT CLOSE lies on this distribution: 3% of detached houses are smaller than 101 MERCOT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Redditch.

101 MERCOT CLOSE: Plot and Title Map

101 MERCOT CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 101 MERCOT CLOSE, 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 101 MERCOT CLOSE). 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 101 MERCOT CLOSE?

101 MERCOT CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 101 on MERCOT CLOSE.