Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
62 BUTT LANE is a very large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £467,000 in August 2012, which was around 31% above the average August 2012 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 62 BUTT LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Most of the four 62 BUTT LANE sales were 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 |
---|---|---|---|
2012 10 AUG | £467,000 | £356,394 | 31% above HPI |
2002 15 NOV | £289,000 | £258,409 | 12% above HPI |
2001 5 JAN | £191,000 | £183,068 | 4% above HPI |
1998 7 AUG | £139,500 | £141,450 | 1% below HPI |
The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The four 62 BUTT LANE sales between August 1998 and August 2012 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 November 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2012 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.
62 BUTT LANE is 145m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 20% of detached houses in Milton, based on EPC data. The below chart shows the distribution of detached houses by size in Milton, and where 62 BUTT LANE lies on this distribution: 85% of detached houses are smaller than 62 BUTT LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Milton.
62 BUTT LANE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 62 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 62 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.
62 BUTT LANE is located in MILTON, in the CB24 postcode district. The below map shows the position of No. 62 on BUTT LANE.