15, GREGOR SHANKS WAY, WATTON, THETFORD, IP25 6FA - £205,000

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.

15 GREGOR SHANKS WAY is a very small detached house of 57m², built sometime from 2007 onwards, which could now be worth an estimated £208,540. It was last sold for £205,000 in September 2023, which was around 44% below the average September 2023 detached price in the Breckland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

15 GREGOR SHANKS WAY Sold Prices

Land registry data shows four sales for 15 GREGOR SHANKS 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 Breckland local authority area for the corresponding sale date. All of the four 15 GREGOR SHANKS 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
2023 28 SEP	£205,000	£366,411	44% below HPI
2020 13 NOV	£168,500	£317,446	47% below HPI
2016 30 SEP	£165,000	£280,155	41% below HPI
2005 31 JAN	£129,950	£206,137	37% below HPI

15 GREGOR SHANKS WAY 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 15 GREGOR SHANKS WAY sales between January 2005 and September 2023 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 November 2020 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2023 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 15 GREGOR SHANKS WAY be worth now?

15 GREGOR SHANKS WAY might now be worth an estimated £208,540.

This is based on house price inflation of 1.7%, between September 2023 and March 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 1.7% inflationary increase is applied to the most recent sale price for 15 GREGOR SHANKS WAY of £205,000 on 28th September 2023. For the value to have increased from £205,000 to £208,540 over the two years and six months to March 2025, the following assumptions must hold true:

• The value of 15 GREGOR SHANKS WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2023 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GREGOR SHANKS WAY has not materially changed since September 2023.

How Large is 15 GREGOR SHANKS WAY?

15 GREGOR SHANKS WAY is 57m² according to the EPC inspection conducted in July 2016. 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 15 GREGOR SHANKS WAY lies on this distribution: 3% of detached houses houses are smaller than 15 GREGOR SHANKS WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Watton.

15 GREGOR SHANKS WAY: Plot and Title Map

15 GREGOR SHANKS WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 15 GREGOR SHANKS 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 15 GREGOR SHANKS 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 15 GREGOR SHANKS WAY?

15 GREGOR SHANKS WAY is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 15 on GREGOR SHANKS WAY.