7, OTTERY, HOCKLEY, TAMWORTH, B77 5QH - £247,500

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.

7 OTTERY is a small detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £389,356. It was last sold for £247,500 in October 2014, which was around 8% above the average October 2014 detached price in the Tamworth local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

7 OTTERY Sold Prices

Land registry data shows two sales for 7 OTTERY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tamworth local authority area for the corresponding sale date. Both of the two 7 OTTERY 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
2014 6 OCT	£247,500	£229,978	8% above HPI
1998 16 JUL	£94,950	£91,753	3% above HPI

7 OTTERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tamworth local authority area over time, sourced from the HPI. The two 7 OTTERY sales from July 1998 and October 2014 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 July 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 OTTERY be worth now?

7 OTTERY might now be worth an estimated £389,356.

This is based on house price inflation of 57.3%, between October 2014 and March 2025, for detached houses, in the Tamworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.3% inflationary increase is applied to the most recent sale price for 7 OTTERY of £247,500 on 6th October 2014. For the value to have increased from £247,500 to £389,356 over the eleven years and seven months to March 2025, the following assumptions must hold true:

• The value of 7 OTTERY has moved in line with the HPI for detached houses in the Tamworth local authority area.
• The October 2014 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 7 OTTERY has not materially changed since October 2014.

How Large is 7 OTTERY?

7 OTTERY is 100m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tamworth, and where 7 OTTERY lies on this distribution: 36% of detached houses houses are smaller than 7 OTTERY, and 62% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

7 OTTERY: Plot and Title Map

7 OTTERY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 7 OTTERY, 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 7 OTTERY). 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 7 OTTERY?

7 OTTERY is located in HOCKLEY, in the B77 postcode district. The below map shows the position of No. 7 on OTTERY.