9, OTTERSTONE CLOSE, DUDLEY, DY3 3QF - £215,000

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.

9 OTTERSTONE CLOSE is a midsized extended detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £356,121. It was last sold for £215,000 in June 2015, which was around 2% above the average June 2015 detached price in the Dudley local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

9 OTTERSTONE CLOSE Sold Prices

Land registry data shows two sales for 9 OTTERSTONE 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 Dudley local authority area for the corresponding sale date. One of the two 9 OTTERSTONE CLOSE sales was for above the average price, whilst the other was for below 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 1 JUN	£215,000	£210,374	2% above HPI
1998 22 MAY	£72,500	£81,406	11% below HPI

9 OTTERSTONE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 9 OTTERSTONE CLOSE sales from May 1998 and June 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 May 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 9 OTTERSTONE CLOSE be worth now?

9 OTTERSTONE CLOSE might now be worth an estimated £356,121.

This is based on house price inflation of 65.6%, between June 2015 and February 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.6% inflationary increase is applied to the most recent sale price for 9 OTTERSTONE CLOSE of £215,000 on 1st June 2015. For the value to have increased from £215,000 to £356,121 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 9 OTTERSTONE CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The June 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 9 OTTERSTONE CLOSE has not materially changed since June 2015.

How Large is 9 OTTERSTONE CLOSE?

9 OTTERSTONE CLOSE is 96m², which includes two extensions, according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% of detached houses houses in Sedgley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgley, and where 9 OTTERSTONE CLOSE lies on this distribution: 41% of detached houses houses are smaller than 9 OTTERSTONE CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Sedgley.

9 OTTERSTONE CLOSE: Plot and Title Map

9 OTTERSTONE CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 9 OTTERSTONE 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 9 OTTERSTONE 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 9 OTTERSTONE CLOSE?

9 OTTERSTONE CLOSE is located in DUDLEY, in the DY3 postcode district. The below map shows the position of No. 9 on OTTERSTONE CLOSE.