2, BUTLER CLOSE, SAFFRON WALDEN, CB11 3DB - £418,000

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

2 BUTLER CLOSE is a small detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £566,544. It was last sold for £418,000 in February 2015, which was around 20% below the average February 2015 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

2 BUTLER CLOSE Sold Prices

Land registry data shows two sales for 2 BUTLER 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 Uttlesford local authority area for the corresponding sale date. Both of the two 2 BUTLER CLOSE 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
2015 25 FEB	£418,000	£520,100	20% below HPI
1999 16 DEC	£150,000	£214,185	30% below HPI

2 BUTLER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two 2 BUTLER CLOSE sales from December 1999 and February 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 December 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 BUTLER CLOSE be worth now?

2 BUTLER CLOSE might now be worth an estimated £566,544.

This is based on house price inflation of 35.5%, between February 2015 and December 2024, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.5% inflationary increase is applied to the most recent sale price for 2 BUTLER CLOSE of £418,000 on 25th February 2015. For the value to have increased from £418,000 to £566,544 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 2 BUTLER CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The February 2015 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BUTLER CLOSE has not materially changed since February 2015.

How Large is 2 BUTLER CLOSE?

2 BUTLER CLOSE is 107m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses houses in Saffron Walden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saffron Walden, and where 2 BUTLER CLOSE lies on this distribution: 31% of detached houses houses are smaller than 2 BUTLER CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Saffron Walden.

2 BUTLER CLOSE: Plot and Title Map

2 BUTLER CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 2 BUTLER 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 2 BUTLER 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 2 BUTLER CLOSE?

2 BUTLER CLOSE is located in SAFFRON WALDEN, in the CB11 postcode district. The below map shows the position of No. 2 on BUTLER CLOSE.