14, THE BUTTS, KENNINGHALL, NORWICH, NR16 2EQ - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 THE BUTTS is a small detached house of 140m², built sometime from 2007 onwards. It was last sold for £295,000 in October 2018, which was around 2% below the average October 2018 detached price in the Breckland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

14 THE BUTTS Sold Prices

Land registry data shows four sales for 14 THE BUTTS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 14 THE BUTTS 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
2018 26 OCT	£295,000	£301,516	2% below HPI
2017 20 OCT	£289,000	£293,044	1% below HPI
2015 20 AUG	£245,000	£247,696	1% below HPI
2011 1 JUL	£200,000	£201,702	1% below HPI

14 THE BUTTS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The four 14 THE BUTTS sales between July 2011 and October 2018 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 October 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 14 THE BUTTS?

14 THE BUTTS is 140m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Kenninghall, based on EPC data. The below chart shows the distribution of detached houses by size in Kenninghall, and where 14 THE BUTTS lies on this distribution: 35% of detached houses are smaller than 14 THE BUTTS, and 61% of houses are larger. Note that EPC data is not available for all properties in Kenninghall.

14 THE BUTTS: Plot and Title Map

14 THE BUTTS sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 14 THE BUTTS, 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 14 THE BUTTS). 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 14 THE BUTTS?

14 THE BUTTS is located in KENNINGHALL, in the NR16 postcode district. The below map shows the position of No. 14 on THE BUTTS.