44, OTTER CLOSE, REDDITCH, B98 0SJ - £117,500

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.

44 OTTER CLOSE is a detached house, which could now be worth an estimated £319,231. It was last sold for £117,500 in April 2002, which was around 21% below the average April 2002 detached price in the Redditch local authority area.

44 OTTER CLOSE Sold Prices

Land registry data shows two sales for 44 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 44 OTTER CLOSE sales were for below 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
2002 18 APR	£117,500	£148,430	21% below HPI
1995 3 MAR	£75,000	£84,372	11% below HPI

What might 44 OTTER CLOSE be worth now?

44 OTTER CLOSE might now be worth an estimated £319,231.

This is based on house price inflation of 171.7%, between April 2002 and April 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 171.7% inflationary increase is applied to the most recent sale price for 44 OTTER CLOSE of £117,500 on 18th April 2002. For the value to have increased from £117,500 to £319,231 over the 24 years to April 2026, the following assumptions must hold true:

• The value of 44 OTTER CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The April 2002 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 44 OTTER CLOSE has not materially changed since April 2002.

Where is 44 OTTER CLOSE?

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