8, BUTLERS HILL LANE, REDDITCH, B97 6SY - £251,000

8 BUTLERS HILL LANE is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £251,000 in July 2021, which was around 31% below the average July 2021 detached price in the Redditch local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

8 BUTLERS HILL LANE Sold Prices

Land registry data shows six sales for 8 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 8 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
2021 30 JUL	£251,000	£364,530	31% below HPI
2017 27 JAN	£215,000	£306,718	30% below HPI
2015 10 SEP	£199,950	£281,024	29% below HPI
2008 7 MAR	£182,000	£253,783	28% below HPI
2001 18 DEC	£105,000	£144,358	27% below HPI
1998 30 NOV	£75,391	£103,914	27% below HPI

8 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 8 BUTLERS HILL LANE sales between November 1998 and July 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 January 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 BUTLERS HILL LANE?

8 BUTLERS HILL LANE is 78m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 8 BUTLERS HILL LANE lies on this distribution: 11% of detached houses are smaller than 8 BUTLERS HILL LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Redditch.

8 BUTLERS HILL LANE: Plot and Title Map

8 BUTLERS HILL LANE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 8 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 8 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 8 BUTLERS HILL LANE?

8 BUTLERS HILL LANE is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 8 on BUTLERS HILL LANE.