6, BUTTERMERE, HEMSBY, GREAT YARMOUTH, NR29 4JZ - £185,000

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.

6 BUTTERMERE is a small extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £255,015. It was last sold for £185,000 in January 2017, which was around 20% below the average January 2017 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was C.

6 BUTTERMERE Sold Prices

Land registry data shows four sales for 6 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 6 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
2017 30 JAN	£185,000	£230,490	20% below HPI
2003 11 NOV	£126,995	£154,108	18% below HPI
2000 6 OCT	£67,950	£90,390	25% below HPI
1997 26 SEP	£54,950	£67,055	18% below HPI

6 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 6 BUTTERMERE sales between September 1997 and January 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 November 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 6 BUTTERMERE be worth now?

6 BUTTERMERE might now be worth an estimated £255,015.

This is based on house price inflation of 37.8%, between January 2017 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 37.8% inflationary increase is applied to the most recent sale price for 6 BUTTERMERE of £185,000 on 30th January 2017. For the value to have increased from £185,000 to £255,015 over the seven years and ten months to March 2025, the following assumptions must hold true:

• The value of 6 BUTTERMERE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The January 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BUTTERMERE has not materially changed since January 2017.

How Large is 6 BUTTERMERE?

6 BUTTERMERE is 89m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% 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 6 BUTTERMERE lies on this distribution: 39% of detached houses houses are smaller than 6 BUTTERMERE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

6 BUTTERMERE: Plot and Title Map

6 BUTTERMERE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 6 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 6 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 6 BUTTERMERE?

6 BUTTERMERE is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 6 on BUTTERMERE.