1, OTTER CLOSE, REDDITCH, B98 0SJ - £295,000

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.

1 OTTER CLOSE is a very large extended detached house of 163m², built sometime between 1991 and 1995, which could now be worth an estimated £537,139. It was last sold for £295,000 in January 2012, which was around 36% above the average January 2012 detached price in the Redditch local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

1 OTTER CLOSE Sold Prices

Land registry data shows one sale for 1 OTTER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redditch local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 27 JAN	£295,000	£216,452	36% above HPI

What might 1 OTTER CLOSE be worth now?

1 OTTER CLOSE might now be worth an estimated £537,139.

This is based on house price inflation of 82.1%, between January 2012 and May 2026, for detached houses, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.1% inflationary increase is applied to the most recent sale price for 1 OTTER CLOSE of £295,000 on 27th January 2012. For the value to have increased from £295,000 to £537,139 over the thirteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 OTTER CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The January 2012 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OTTER CLOSE has not materially changed since January 2012.

How Large is 1 OTTER CLOSE?

1 OTTER CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in July 2010. 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 1 OTTER CLOSE lies on this distribution: 91% of detached houses are smaller than 1 OTTER CLOSE, and 9% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

1 OTTER CLOSE: Plot

1 OTTER CLOSE sits on a plot of roughly 0.101 of an acre, or 407m².

Where is 1 OTTER CLOSE?

1 OTTER CLOSE is located in REDDITCH, in the B98 postcode district.