1, BUTTERMERE, HEMSBY, GREAT YARMOUTH, NR29 4JZ - £215,000

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.

1 BUTTERMERE is a very small extended detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £244,962. It was last sold for £215,000 in July 2021, which was around 23% below the average July 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

1 BUTTERMERE Sold Prices

Land registry data shows two sales for 1 BUTTERMERE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. Both of the two 1 BUTTERMERE 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 9 JUL	£215,000	£278,860	23% below HPI
2018 6 JUL	£176,250	£247,095	29% below HPI

1 BUTTERMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The two 1 BUTTERMERE sales from July 2018 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 July 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 BUTTERMERE be worth now?

1 BUTTERMERE might now be worth an estimated £244,962.

This is based on house price inflation of 13.9%, between July 2021 and March 2025, for detached houses, in the Great Yarmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for 1 BUTTERMERE of £215,000 on 9th July 2021. For the value to have increased from £215,000 to £244,962 over the four years and four months to March 2025, the following assumptions must hold true:

• The value of 1 BUTTERMERE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The July 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BUTTERMERE has not materially changed since July 2021.

How Large is 1 BUTTERMERE?

1 BUTTERMERE is 71m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemsby, and where 1 BUTTERMERE lies on this distribution: 18% of detached houses houses are smaller than 1 BUTTERMERE, and 82% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

1 BUTTERMERE: Plot and Title Map

1 BUTTERMERE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 1 BUTTERMERE, 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 1 BUTTERMERE). 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 1 BUTTERMERE?

1 BUTTERMERE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 1 on BUTTERMERE.