BUTTERSTONE HOUSE, DEREHAM ROAD, COLKIRK, FAKENHAM, NR21 7NH - £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.

BUTTERSTONE HOUSE is a large detached house of 166m², built sometime between 1996 and 2002, which could now be worth an estimated £529,786. It was last sold for £295,000 in December 2010, which was around 43% above the average December 2010 detached price in the Breckland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

BUTTERSTONE HOUSE Sold Prices

Land registry data shows two sales for BUTTERSTONE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two BUTTERSTONE HOUSE 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
2010 10 DEC	£295,000	£206,266	43% above HPI
1999 12 AUG	£165,000	£86,404	91% above HPI

BUTTERSTONE HOUSE 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 two BUTTERSTONE HOUSE sales from August 1999 and December 2010 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 August 1999 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the December 2010 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might BUTTERSTONE HOUSE be worth now?

BUTTERSTONE HOUSE might now be worth an estimated £529,786.

This is based on house price inflation of 79.6%, between December 2010 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 79.6% inflationary increase is applied to the most recent sale price for BUTTERSTONE HOUSE of £295,000 on 10th December 2010. For the value to have increased from £295,000 to £529,786 over the fifteen years and ten months to February 2025, the following assumptions must hold true:

• The value of BUTTERSTONE HOUSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2010 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of BUTTERSTONE HOUSE has not materially changed since December 2010.

How Large is BUTTERSTONE HOUSE?

BUTTERSTONE HOUSE is 166m² according to the EPC inspection conducted in March 2010. This puts it in the largest 30% of detached houses houses in Colkirk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colkirk, and where BUTTERSTONE HOUSE lies on this distribution: 71% of detached houses houses are smaller than BUTTERSTONE HOUSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Colkirk.

BUTTERSTONE HOUSE: Plot and Title Map

BUTTERSTONE HOUSE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of BUTTERSTONE HOUSE, 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 BUTTERSTONE HOUSE). 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 BUTTERSTONE HOUSE?

BUTTERSTONE HOUSE is located on DEREHAM ROAD in COLKIRK, in the NR21 postcode district. The below map shows the position of BUTTERSTONE HOUSE on DEREHAM ROAD.