3, OTTER CLOSE, REDDITCH, B98 0SJ - £360,000

3 OTTER CLOSE is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £360,000 in April 2019, which was around 7% above the average April 2019 detached price in the Redditch local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

3 OTTER CLOSE Sold Prices

Land registry data shows three sales for 3 OTTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 3 OTTER CLOSE sales were for above 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
2019 30 APR	£360,000	£335,019	7% above HPI
2006 18 AUG	£275,000	£238,784	15% above HPI
1999 29 JUL	£120,000	£108,336	11% above HPI

3 OTTER 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 three 3 OTTER CLOSE sales between July 1999 and April 2019 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 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 3 OTTER CLOSE?

3 OTTER CLOSE is 131m² according to the EPC inspection conducted in June 2018. This puts it in the largest 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 3 OTTER CLOSE lies on this distribution: 73% of detached houses are smaller than 3 OTTER CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Redditch.

3 OTTER CLOSE: Plot and Title Map

3 OTTER CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 OTTER 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 3 OTTER 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 3 OTTER CLOSE?

3 OTTER CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 3 on OTTER CLOSE.