23, BUTTERCUP WAY, NORWICH, NR5 9JQ - £287,500

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

23 BUTTERCUP WAY is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £287,500 in March 2022, which was around 34% below the average March 2022 detached price in the Norwich local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

23 BUTTERCUP WAY Sold Prices

Land registry data shows four sales for 23 BUTTERCUP WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Norwich local authority area for the corresponding sale date. All of the four 23 BUTTERCUP WAY 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
2022 2 MAR	£287,500	£438,472	34% below HPI
2020 27 APR	£252,500	£377,606	33% below HPI
2005 1 JUL	£170,000	£234,989	28% below HPI
2001 31 MAY	£99,950	£134,078	25% below HPI

23 BUTTERCUP WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Norwich local authority area over time, sourced from the HPI. The four 23 BUTTERCUP WAY sales between May 2001 and March 2022 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 April 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 23 BUTTERCUP WAY?

23 BUTTERCUP WAY is 88m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 23 BUTTERCUP WAY lies on this distribution: 27% of detached houses are smaller than 23 BUTTERCUP WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Norwich.

23 BUTTERCUP WAY: Plot and Title Map

23 BUTTERCUP WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 23 BUTTERCUP WAY, 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 23 BUTTERCUP WAY). 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 23 BUTTERCUP WAY?

23 BUTTERCUP WAY is located in NORWICH, in the NR5 postcode district. The below map shows the position of No. 23 on BUTTERCUP WAY.