50, OTTER CLOSE, REDDITCH, B98 0SJ - £318,000

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.

50 OTTER CLOSE is a large extended detached house of 122m², built sometime between 1991 and 1995, which could now be worth an estimated £389,416. It was last sold for £318,000 in October 2018, which was around 1% below the average October 2018 detached price in the Redditch local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was B.

50 OTTER CLOSE Sold Prices

Land registry data shows one sale for 50 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
2018 5 OCT	£318,000	£321,840	1% below HPI

What might 50 OTTER CLOSE be worth now?

50 OTTER CLOSE might now be worth an estimated £389,416.

This is based on house price inflation of 22.5%, between October 2018 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 22.5% inflationary increase is applied to the most recent sale price for 50 OTTER CLOSE of £318,000 on 5th October 2018. For the value to have increased from £318,000 to £389,416 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 50 OTTER CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2018 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 50 OTTER CLOSE has not materially changed since October 2018.

How Large is 50 OTTER CLOSE?

50 OTTER CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 50 OTTER CLOSE lies on this distribution: 63% of detached houses are smaller than 50 OTTER CLOSE, and 36% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

50 OTTER CLOSE: Plot

50 OTTER CLOSE sits on a plot of roughly 0.063 of an acre, or 255m².

Where is 50 OTTER CLOSE?

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