38, OTTER CLOSE, REDDITCH, B98 0SJ - £310,000

38 OTTER CLOSE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £310,000 in September 2015, which was around 10% above the average September 2015 detached price in the Redditch local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

38 OTTER CLOSE Sold Prices

Land registry data shows two sales for 38 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 38 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
2015 8 SEP	£310,000	£281,024	10% above HPI
1999 26 FEB	£120,000	£102,877	17% above HPI

38 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 38 OTTER CLOSE sales from February 1999 and September 2015 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 February 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2015 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 38 OTTER CLOSE?

38 OTTER CLOSE is 112m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 38 OTTER CLOSE lies on this distribution: 50% of detached houses are smaller than 38 OTTER CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Redditch.

38 OTTER CLOSE: Plot and Title Map

38 OTTER CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 38 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 38 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 38 OTTER CLOSE?

38 OTTER CLOSE is located in REDDITCH, in the B98 postcode district. The below map shows the position of No. 38 on OTTER CLOSE.