18, MERCHANTS COURT, WATTON, THETFORD, IP25 6FJ - £114,000

18 MERCHANTS COURT is a small detached house of 80m², built sometime from 2007 onwards. It was last sold for £114,000 in May 2014, which was around 50% below the average May 2014 detached price in the Breckland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

18 MERCHANTS COURT Sold Prices

Land registry data shows two sales for 18 MERCHANTS COURT 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 18 MERCHANTS COURT 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
2014 23 MAY	£114,000	£228,376	50% below HPI
2009 29 MAY	£90,000	£192,447	53% below HPI

18 MERCHANTS COURT 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 18 MERCHANTS COURT sales from May 2009 and May 2014 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 May 2009 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the May 2014 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 18 MERCHANTS COURT?

18 MERCHANTS COURT is 80m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 18 MERCHANTS COURT lies on this distribution: 30% of detached houses are smaller than 18 MERCHANTS COURT, and 70% of houses are larger. Note that EPC data is not available for all properties in Watton.

18 MERCHANTS COURT: Plot and Title Map

18 MERCHANTS COURT sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 18 MERCHANTS COURT, 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 18 MERCHANTS COURT). 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 18 MERCHANTS COURT?

18 MERCHANTS COURT is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 18 on MERCHANTS COURT.