3, OTTERSTONE CLOSE, DUDLEY, DY3 3QF - £189,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 OTTERSTONE CLOSE is a very small extended semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £290,705. It was last sold for £189,950 in September 2017, which was around 21% above the average September 2017 semi-detached price in the Dudley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

3 OTTERSTONE CLOSE Sold Prices

Land registry data shows two sales for 3 OTTERSTONE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. Both of the two 3 OTTERSTONE 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
2017 18 SEP	£189,950	£156,709	21% above HPI
2014 27 AUG	£139,990	£132,836	5% above HPI

3 OTTERSTONE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The two 3 OTTERSTONE CLOSE sales from August 2014 and September 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 August 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2017 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 3 OTTERSTONE CLOSE be worth now?

3 OTTERSTONE CLOSE might now be worth an estimated £290,705.

This is based on house price inflation of 53%, between September 2017 and May 2026, for semi-detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53% inflationary increase is applied to the most recent sale price for 3 OTTERSTONE CLOSE of £189,950 on 18th September 2017. For the value to have increased from £189,950 to £290,705 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 3 OTTERSTONE CLOSE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The September 2017 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 3 OTTERSTONE CLOSE has not materially changed since September 2017.

How Large is 3 OTTERSTONE CLOSE?

3 OTTERSTONE CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of semi-detached houses houses in Sedgley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sedgley, and where 3 OTTERSTONE CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 3 OTTERSTONE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

3 OTTERSTONE CLOSE: Plot and Title Map

3 OTTERSTONE CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 3 OTTERSTONE 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 OTTERSTONE 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 OTTERSTONE CLOSE?

3 OTTERSTONE CLOSE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 3 on OTTERSTONE CLOSE.