2, EDINBURGH CLOSE, WATTON, THETFORD, IP25 6XJ - £180,000

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.

2 EDINBURGH CLOSE is a small semi-detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £247,460. It was last sold for £180,000 in April 2017, which was around 1% above the average April 2017 semi-detached price in the Breckland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

2 EDINBURGH CLOSE Sold Prices

Land registry data shows two sales for 2 EDINBURGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. One of the two 2 EDINBURGH CLOSE sales was for above the average price, whilst the other was 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
2017 28 APR	£180,000	£178,668	1% above HPI
2015 14 OCT	£153,250	£164,521	7% below HPI

2 EDINBURGH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The two 2 EDINBURGH CLOSE sales from October 2015 and April 2017 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 October 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 EDINBURGH CLOSE be worth now?

2 EDINBURGH CLOSE might now be worth an estimated £247,460.

This is based on house price inflation of 37.5%, between April 2017 and May 2026, for semi-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 37.5% inflationary increase is applied to the most recent sale price for 2 EDINBURGH CLOSE of £180,000 on 28th April 2017. For the value to have increased from £180,000 to £247,460 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 EDINBURGH CLOSE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The April 2017 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EDINBURGH CLOSE has not materially changed since April 2017.

How Large is 2 EDINBURGH CLOSE?

2 EDINBURGH CLOSE is 78m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of semi-detached houses houses in Watton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watton, and where 2 EDINBURGH CLOSE lies on this distribution: 27% of semi-detached houses houses are smaller than 2 EDINBURGH CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Watton.

2 EDINBURGH CLOSE: Plot and Title Map

2 EDINBURGH CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 2 EDINBURGH 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 2 EDINBURGH 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 2 EDINBURGH CLOSE?

2 EDINBURGH CLOSE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 2 on EDINBURGH CLOSE.