26, MERCOT CLOSE, REDDITCH, B98 7YX - £224,950

26 MERCOT CLOSE is a small detached house of 96m², built sometime between 1976 and 1982. It was last sold for £224,950 in December 2013, which was around 9% below the average December 2013 detached price in the Redditch local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

26 MERCOT CLOSE Sold Prices

Land registry data shows two sales for 26 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 26 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
2013 9 DEC	£224,950	£247,679	9% below HPI
2003 4 APR	£174,950	£195,038	10% below HPI

26 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 26 MERCOT CLOSE sales from April 2003 and December 2013 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 April 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2013 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 26 MERCOT CLOSE?

26 MERCOT CLOSE is 96m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 26 MERCOT CLOSE lies on this distribution: 30% of detached houses are smaller than 26 MERCOT CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Redditch.

26 MERCOT CLOSE: Plot and Title Map

26 MERCOT CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 26 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 26 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 26 MERCOT CLOSE?

26 MERCOT CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 26 on MERCOT CLOSE.