Inflation reduces rate of house price growth by 100 percent, according to new research by lettings and estate agent Benham and Reeves.

Benham and Reeves looked at the level of house price growth seen by the average homeowner coming to market now, based on the average time spent in a home of 21 years. and adjusted this level of property price appreciation to account for inflation.

The research showed that on average across the UK, house prices have climbed 194 percent since...