40, RAY MERCER WAY, KIDDERMINSTER, DY10 1NY - £180,000

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

40 RAY MERCER WAY is a large detached house of 139m², built sometime between 2003 and 2006. It was last sold for £180,000 in January 2015, which was around 26% below the average January 2015 detached price in the Wyre Forest local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

40 RAY MERCER WAY Sold Prices

Land registry data shows two sales for 40 RAY MERCER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. Both of the two 40 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
2015 30 JAN	£180,000	£241,741	26% below HPI
2004 23 AUG	£219,950	£225,999	3% below HPI

40 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 two 40 RAY MERCER WAY sales from August 2004 and January 2015 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 August 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40 RAY MERCER WAY?

40 RAY MERCER WAY is 139m² according to the EPC inspection conducted in July 2013. This puts it in the largest 30% of detached houses in Kidderminster, based on EPC data. The below chart shows the distribution of detached houses by size in Kidderminster, and where 40 RAY MERCER WAY lies on this distribution: 79% of detached houses are smaller than 40 RAY MERCER WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Kidderminster.

40 RAY MERCER WAY: Plot and Title Map

40 RAY MERCER WAY sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 40 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 40 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 40 RAY MERCER WAY?

40 RAY MERCER WAY is located in KIDDERMINSTER, in the DY10 postcode district. The below map shows the position of No. 40 on RAY MERCER WAY.