47A, BUTTERY LANE, SUTTON-IN-ASHFIELD, NG17 3DZ - £287,500

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.

47A BUTTERY LANE is a very large extended detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £309,950. It was last sold for £287,500 in December 2021, which was around 18% above the average December 2021 detached price in the Ashfield local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

47A BUTTERY LANE Sold Prices

Land registry data shows two sales for 47A BUTTERY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. Both of the two 47A BUTTERY 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
2021 13 DEC	£287,500	£243,316	18% above HPI
2017 24 FEB	£200,000	£182,502	10% above HPI

47A BUTTERY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 47A BUTTERY LANE sales from February 2017 and December 2021 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 February 2017 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 47A BUTTERY LANE be worth now?

47A BUTTERY LANE might now be worth an estimated £309,950.

This is based on house price inflation of 7.8%, between December 2021 and March 2025, for detached houses, in the Ashfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% inflationary increase is applied to the most recent sale price for 47A BUTTERY LANE of £287,500 on 13th December 2021. For the value to have increased from £287,500 to £309,950 over the four years and nine months to March 2025, the following assumptions must hold true:

• The value of 47A BUTTERY LANE has moved in line with the HPI for detached houses in the Ashfield local authority area.
• The December 2021 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 47A BUTTERY LANE has not materially changed since December 2021.

How Large is 47A BUTTERY LANE?

47A BUTTERY LANE is 112m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses houses in Skegby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegby, and where 47A BUTTERY LANE lies on this distribution: 81% of detached houses houses are smaller than 47A BUTTERY LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Skegby.

47A BUTTERY LANE: Plot and Title Map

47A BUTTERY LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 47A BUTTERY 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 47A BUTTERY 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 47A BUTTERY LANE?

47A BUTTERY LANE is located in SUTTON-IN-ASHFIELD, in the NG17 postcode district. The below map shows the position of No. 47A on BUTTERY LANE.