12, OTTER CLOSE, REDDITCH, B98 0SJ - £121,000

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.

12 OTTER CLOSE is a detached house, which could now be worth an estimated £511,485. It was last sold for £121,000 in November 1997, which was around 30% above the average November 1997 detached price in the Redditch local authority area.

12 OTTER CLOSE Sold Prices

Land registry data shows one sale for 12 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
1997 28 NOV	£121,000	£93,235	30% above HPI

What might 12 OTTER CLOSE be worth now?

12 OTTER CLOSE might now be worth an estimated £511,485.

This is based on house price inflation of 322.7%, between November 1997 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 322.7% inflationary increase is applied to the most recent sale price for 12 OTTER CLOSE of £121,000 on 28th November 1997. For the value to have increased from £121,000 to £511,485 over the 29 years and six months to May 2026, the following assumptions must hold true:

• The value of 12 OTTER CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The November 1997 sale price of £121,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OTTER CLOSE has not materially changed since November 1997.

Where is 12 OTTER CLOSE?

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