BUTTERMERE, HEACHAM ROAD, SEDGEFORD, HUNSTANTON, PE36 5LU - £477,500

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.

BUTTERMERE is a midsized detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £529,546. It was last sold for £477,500 in June 2021, which was around 44% above the average June 2021 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

BUTTERMERE Sold Prices

Land registry data shows two sales for 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 King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two BUTTERMERE sales were for above 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 28 JUN	£477,500	£330,677	44% above HPI
1996 19 JUL	£75,275	£62,866	20% above HPI

BUTTERMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two BUTTERMERE sales from July 1996 and June 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 1996 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might BUTTERMERE be worth now?

BUTTERMERE might now be worth an estimated £529,546.

This is based on house price inflation of 10.9%, between June 2021 and February 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for BUTTERMERE of £477,500 on 28th June 2021. For the value to have increased from £477,500 to £529,546 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of BUTTERMERE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2021 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of BUTTERMERE has not materially changed since June 2021.

How Large is BUTTERMERE?

BUTTERMERE is 133m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses houses in Sedgeford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sedgeford, and where BUTTERMERE lies on this distribution: 55% of detached houses houses are smaller than BUTTERMERE, and 43% of houses are larger. Note that EPC data is not available for all properties in Sedgeford.

BUTTERMERE: Plot and Title Map

BUTTERMERE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 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 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 BUTTERMERE?

BUTTERMERE is located on HEACHAM ROAD in SEDGEFORD, in the PE36 postcode district. The below map shows the position of BUTTERMERE on HEACHAM ROAD.