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

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.

53 OTTER CLOSE is a very large extended detached house of 172m², built sometime between 1991 and 1995, which could now be worth an estimated £522,087. It was last sold for £525,000 in October 2022, which was around 32% above the average October 2022 detached price in the Redditch local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.

53 OTTER CLOSE Sold Prices

Land registry data shows one sale for 53 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
2022 20 OCT	£525,000	£396,317	32% above HPI

What might 53 OTTER CLOSE be worth now?

53 OTTER CLOSE might now be worth an estimated £522,087.

This is based on house price deflation of 0.6%, between October 2022 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 0.6% deflationary decrease is applied to the most recent sale price for 53 OTTER CLOSE of £525,000 on 20th October 2022. For the value to have decreased from £525,000 to £522,087 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 53 OTTER CLOSE has moved in line with the HPI for detached houses in the Redditch local authority area.
• The October 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 53 OTTER CLOSE has not materially changed since October 2022.

How Large is 53 OTTER CLOSE?

53 OTTER CLOSE is 172m², which includes two extensions, according to the EPC inspection conducted in July 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 53 OTTER CLOSE lies on this distribution: 93% of detached houses are smaller than 53 OTTER CLOSE, and 7% of detached houses are larger. Note that EPC data is not available for all properties in Redditch.

53 OTTER CLOSE: Plot

53 OTTER CLOSE sits on a plot of roughly 0.164 of an acre, or 664m².

Where is 53 OTTER CLOSE?

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