15, BUTLERS MEAD, BLAKENEY, GL15 4EH - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 BUTLERS MEAD is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £291,874. It was last sold for £225,000 in August 2018, which was around 28% below the average August 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

15 BUTLERS MEAD Sold Prices

Land registry data shows four sales for 15 BUTLERS MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Most of the four 15 BUTLERS MEAD sales were 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
2018 22 AUG	£225,000	£312,234	28% below HPI
2006 15 SEP	£225,000	£242,322	7% below HPI
2002 13 MAY	£119,000	£137,089	13% below HPI
1998 9 OCT	£89,500	£86,801	3% above HPI

15 BUTLERS MEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The four 15 BUTLERS MEAD sales between October 1998 and August 2018 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 September 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 15 BUTLERS MEAD be worth now?

15 BUTLERS MEAD might now be worth an estimated £291,874.

This is based on house price inflation of 29.7%, between August 2018 and February 2025, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for 15 BUTLERS MEAD of £225,000 on 22nd August 2018. For the value to have increased from £225,000 to £291,874 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 15 BUTLERS MEAD has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BUTLERS MEAD has not materially changed since August 2018.

How Large is 15 BUTLERS MEAD?

15 BUTLERS MEAD is 80m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses houses in Blakeney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blakeney, and where 15 BUTLERS MEAD lies on this distribution: 19% of detached houses houses are smaller than 15 BUTLERS MEAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Blakeney.

15 BUTLERS MEAD: Plot and Title Map

15 BUTLERS MEAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 15 BUTLERS MEAD, 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 15 BUTLERS MEAD). 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 15 BUTLERS MEAD?

15 BUTLERS MEAD is located in BLAKENEY, in the GL15 postcode district. The below map shows the position of No. 15 on BUTLERS MEAD.