36, OTTER CLOSE, REDDITCH, B98 0SJ - £526,250

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

36 OTTER CLOSE is a very large extended detached house of 140m², built sometime between 1991 and 1995. It was last sold for £526,250 in June 2022, which was around 32% above the average June 2022 detached price in the Redditch local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

36 OTTER CLOSE Sold Prices

Land registry data shows three sales for 36 OTTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the three 36 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
2022 17 JUN	£526,250	£399,877	32% above HPI
2021 25 MAY	£445,000	£363,514	22% above HPI
2014 5 AUG	£315,000	£256,125	23% above HPI

36 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 three 36 OTTER CLOSE sales between August 2014 and June 2022 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 May 2021 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 36 OTTER CLOSE?

36 OTTER CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 36 OTTER CLOSE lies on this distribution: 81% of detached houses are smaller than 36 OTTER CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Redditch.

36 OTTER CLOSE: Plot and Title Map

36 OTTER CLOSE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 36 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 36 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 36 OTTER CLOSE?

36 OTTER CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 36 on OTTER CLOSE.