20, OTTER CLOSE, REDDITCH, B98 0SJ - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

20 OTTER CLOSE is a very large detached house of 161m², built sometime between 1983 and 1990. It was last sold for £345,000 in March 2016, which was around 21% above the average March 2016 detached price in the Redditch local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was B.

20 OTTER CLOSE Sold Prices

Land registry data shows two sales for 20 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 20 OTTER CLOSE sales were for above 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
2016 30 MAR	£345,000	£285,889	21% above HPI
2003 28 OCT	£290,000	£201,400	44% above HPI

20 OTTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The two 20 OTTER CLOSE sales from October 2003 and March 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2003 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2016 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 20 OTTER CLOSE?

20 OTTER CLOSE is 161m² according to the EPC inspection conducted in October 2015. 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 20 OTTER CLOSE lies on this distribution: 91% of detached houses are smaller than 20 OTTER CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Redditch.

20 OTTER CLOSE: Plot and Title Map

20 OTTER CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 20 OTTER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 20 OTTER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 20 OTTER CLOSE?

20 OTTER CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 20 on OTTER CLOSE.