38, BUTCHER CLOSE, MILTON, CAMBRIDGE, CB24 6ED - £380,000

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

38 BUTCHER CLOSE is a large detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £614,544. It was last sold for £380,000 in April 2014, which was around 6% below the average April 2014 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

38 BUTCHER CLOSE Sold Prices

Land registry data shows two sales for 38 BUTCHER 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 South Cambridgeshire local authority area for the corresponding sale date. One of the two 38 BUTCHER CLOSE sales was for below the average price, whilst the other was 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 10 APR	£380,000	£402,942	6% below HPI
1997 18 APR	£122,500	£120,741	1% above HPI

38 BUTCHER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The two 38 BUTCHER CLOSE sales from April 1997 and April 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 April 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 38 BUTCHER CLOSE be worth now?

38 BUTCHER CLOSE might now be worth an estimated £614,544.

This is based on house price inflation of 61.7%, between April 2014 and December 2024, for detached houses, in the South Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.7% inflationary increase is applied to the most recent sale price for 38 BUTCHER CLOSE of £380,000 on 10th April 2014. For the value to have increased from £380,000 to £614,544 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 38 BUTCHER CLOSE has moved in line with the HPI for detached houses in the South Cambridgeshire local authority area.
• The April 2014 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 38 BUTCHER CLOSE has not materially changed since April 2014.

How Large is 38 BUTCHER CLOSE?

38 BUTCHER CLOSE is 120m² according to the EPC inspection conducted in May 2012. This puts it in the largest 40% of detached houses houses in Milton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milton, and where 38 BUTCHER CLOSE lies on this distribution: 64% of detached houses houses are smaller than 38 BUTCHER CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Milton.

38 BUTCHER CLOSE: Plot and Title Map

38 BUTCHER CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 38 BUTCHER 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 38 BUTCHER 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 38 BUTCHER CLOSE?

38 BUTCHER CLOSE is located in MILTON, in the CB24 postcode district. The below map shows the position of No. 38 on BUTCHER CLOSE.