2, BUTTERMERE, HEMSBY, GREAT YARMOUTH, NR29 4JZ - £156,000

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.

2 BUTTERMERE is a very small semi-detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £209,486. It was last sold for £156,000 in February 2017, which was around 2% above the average February 2017 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

2 BUTTERMERE Sold Prices

Land registry data shows three sales for 2 BUTTERMERE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Great Yarmouth local authority area for the corresponding sale date. Two of the three 2 BUTTERMERE sales were for above the average price, whilst one was 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
2017 15 FEB	£156,000	£153,385	2% above HPI
2009 11 DEC	£125,000	£126,329	1% below HPI
2004 30 APR	£112,000	£108,410	3% above HPI

2 BUTTERMERE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The three 2 BUTTERMERE sales between April 2004 and February 2017 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 December 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 BUTTERMERE be worth now?

2 BUTTERMERE might now be worth an estimated £209,486.

This is based on house price inflation of 34.3%, between February 2017 and June 2025, for semi-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 34.3% inflationary increase is applied to the most recent sale price for 2 BUTTERMERE of £156,000 on 15th February 2017. For the value to have increased from £156,000 to £209,486 over the seven years and eight months to June 2025, the following assumptions must hold true:

• The value of 2 BUTTERMERE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The February 2017 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BUTTERMERE has not materially changed since February 2017.

How Large is 2 BUTTERMERE?

2 BUTTERMERE is 68m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of semi-detached houses houses in Hemsby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hemsby, and where 2 BUTTERMERE lies on this distribution: 15% of semi-detached houses houses are smaller than 2 BUTTERMERE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

2 BUTTERMERE: Plot and Title Map

2 BUTTERMERE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 2 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 2 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 2 BUTTERMERE?

2 BUTTERMERE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 2 on BUTTERMERE.