14, PRINCESS CLOSE, WATTON, THETFORD, IP25 6XA - £148,000

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 PRINCESS CLOSE is a very small detached house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £233,767. It was last sold for £148,000 in March 2015, which was around 38% below the average March 2015 detached price in the Breckland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

14 PRINCESS CLOSE Sold Prices

Land registry data shows three sales for 14 PRINCESS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 14 PRINCESS CLOSE 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
2015 30 MAR	£148,000	£238,806	38% below HPI
2003 5 DEC	£135,000	£178,009	24% below HPI
2002 15 NOV	£108,000	£158,076	32% below HPI

14 PRINCESS CLOSE 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 three 14 PRINCESS CLOSE sales between November 2002 and March 2015 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 December 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 14 PRINCESS CLOSE be worth now?

14 PRINCESS CLOSE might now be worth an estimated £233,767.

This is based on house price inflation of 58%, between March 2015 and May 2026, 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 58% inflationary increase is applied to the most recent sale price for 14 PRINCESS CLOSE of £148,000 on 30th March 2015. For the value to have increased from £148,000 to £233,767 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of 14 PRINCESS CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2015 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PRINCESS CLOSE has not materially changed since March 2015.

How Large is 14 PRINCESS CLOSE?

14 PRINCESS CLOSE is 62m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses houses in Watton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watton, and where 14 PRINCESS CLOSE lies on this distribution: 8% of detached houses houses are smaller than 14 PRINCESS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Watton.

14 PRINCESS CLOSE: Plot and Title Map

14 PRINCESS CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 14 PRINCESS CLOSE, 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 PRINCESS CLOSE). 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 PRINCESS CLOSE?

14 PRINCESS CLOSE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 14 on PRINCESS CLOSE.