10, BUTLERS HILL LANE, REDDITCH, B97 6SY - £295,000

10 BUTLERS HILL LANE is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £295,000 in May 2022, which was around 26% below the average May 2022 detached price in the Redditch local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

10 BUTLERS HILL LANE Sold Prices

Land registry data shows six sales for 10 BUTLERS HILL LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Redditch local authority area for the corresponding sale date. All of the six 10 BUTLERS HILL 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 27 MAY	£295,000	£400,815	26% below HPI
2015 25 AUG	£195,000	£278,921	30% below HPI
2012 3 AUG	£171,000	£235,800	27% below HPI
2010 15 NOV	£168,000	£240,146	30% below HPI
2000 2 JUN	£91,950	£122,860	25% below HPI
1997 18 DEC	£79,000	£97,058	19% below HPI

10 BUTLERS HILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The six 10 BUTLERS HILL LANE sales between December 1997 and May 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 August 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 10 BUTLERS HILL LANE?

10 BUTLERS HILL LANE is 75m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 10 BUTLERS HILL LANE lies on this distribution: 9% of detached houses are smaller than 10 BUTLERS HILL LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Redditch.

10 BUTLERS HILL LANE: Plot and Title Map

10 BUTLERS HILL LANE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 10 BUTLERS HILL 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 10 BUTLERS HILL 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 10 BUTLERS HILL LANE?

10 BUTLERS HILL LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 10 on BUTLERS HILL LANE.