28, BUTT LANE, MANUDEN, BISHOP'S STORTFORD, CM23 1DL - £452,500

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.

28 BUTT LANE is a very small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £466,141. It was last sold for £452,500 in June 2022, which was around 36% below the average June 2022 detached price in the Uttlesford local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

28 BUTT LANE Sold Prices

Land registry data shows four sales for 28 BUTT LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the four 28 BUTT LANE 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
2022 23 JUN	£452,500	£708,647	36% below HPI
2013 21 MAY	£297,000	£444,086	33% below HPI
2004 18 MAY	£269,000	£347,745	23% below HPI
1999 5 FEB	£149,000	£175,895	15% below HPI

28 BUTT LANE 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 four 28 BUTT LANE sales between February 1999 and June 2022 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 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 28 BUTT LANE be worth now?

28 BUTT LANE might now be worth an estimated £466,141.

This is based on house price inflation of 3%, between June 2022 and February 2025, 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 3% inflationary increase is applied to the most recent sale price for 28 BUTT LANE of £452,500 on 23rd June 2022. For the value to have increased from £452,500 to £466,141 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 28 BUTT LANE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The June 2022 sale price of £452,500 represented a fair market value for the property.
• The size, condition, and specification of 28 BUTT LANE has not materially changed since June 2022.

How Large is 28 BUTT LANE?

28 BUTT LANE is 85m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses houses in Manuden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manuden, and where 28 BUTT LANE lies on this distribution: 16% of detached houses houses are smaller than 28 BUTT LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Manuden.

28 BUTT LANE: Plot and Title Map

28 BUTT LANE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 28 BUTT LANE, 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 28 BUTT LANE). 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 28 BUTT LANE?

28 BUTT LANE is located in MANUDEN, in the CM23 postcode district. The below map shows the position of No. 28 on BUTT LANE.