39, OTTER CLOSE, REDDITCH, B98 0SJ - £525,000

39 OTTER CLOSE is a very large detached house of 171m², built sometime between 1991 and 1995. It was last sold for £525,000 in July 2022, which was around 30% above the average July 2022 detached price in the Redditch local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

39 OTTER CLOSE Sold Prices

Land registry data shows two sales for 39 OTTER 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 39 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
2022 6 JUL	£525,000	£403,362	30% above HPI
2009 30 SEP	£270,000	£219,480	23% above HPI

39 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 two 39 OTTER CLOSE sales from September 2009 and July 2022 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 September 2009 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 39 OTTER CLOSE?

39 OTTER CLOSE is 171m² according to the EPC inspection conducted in March 2022. This puts it in the largest 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 39 OTTER CLOSE lies on this distribution: 93% of detached houses are smaller than 39 OTTER CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Redditch.

39 OTTER CLOSE: Plot and Title Map

39 OTTER CLOSE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 39 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 39 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 39 OTTER CLOSE?

39 OTTER CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 39 on OTTER CLOSE.