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

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.

14 THE BUTTS is a small detached house of 140m², built sometime from 2007 onwards, which could now be worth an estimated £359,625. It was last sold for £295,000 in October 2018, which was around 3% 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	£303,863	3% below HPI
2017 20 OCT	£289,000	£295,325	2% below HPI
2015 20 AUG	£245,000	£249,624	2% below HPI
2011 1 JUL	£200,000	£203,272	2% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 14 THE BUTTS be worth now?

14 THE BUTTS might now be worth an estimated £359,625.

This is based on house price inflation of 21.9%, between October 2018 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 14 THE BUTTS of £295,000 on 26th October 2018. For the value to have increased from £295,000 to £359,625 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 THE BUTTS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE BUTTS has not materially changed since October 2018.

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 houses in Kenninghall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kenninghall, and where 14 THE BUTTS lies on this distribution: 37% of detached houses houses are smaller than 14 THE BUTTS, and 60% 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.