3, BUTTERMERE, HEMSBY, GREAT YARMOUTH, NR29 4JZ - £190,000

3 BUTTERMERE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £190,000 in November 2020, which was around 29% below the average November 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

3 BUTTERMERE Sold Prices

Land registry data shows four sales for 3 BUTTERMERE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the four 3 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
2020 30 NOV	£190,000	£269,132	29% below HPI
2013 9 AUG	£139,500	£191,074	27% below HPI
2000 17 NOV	£69,950	£92,364	24% below HPI
1999 7 MAY	£55,000	£71,798	23% below HPI

3 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 four 3 BUTTERMERE sales between May 1999 and November 2020 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 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 BUTTERMERE?

3 BUTTERMERE is 68m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% of detached houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses by size in Hemsby, and where 3 BUTTERMERE lies on this distribution: 15% of detached houses are smaller than 3 BUTTERMERE, and 84% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

3 BUTTERMERE: Plot and Title Map

3 BUTTERMERE sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 3 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 3 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 3 BUTTERMERE?

3 BUTTERMERE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 3 on BUTTERMERE.