4, RINGMERE CLOSE, WATTON, THETFORD, IP25 6LQ - £165,000

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.

4 RINGMERE CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £224,777. It was last sold for £165,000 in September 2016, which was around 41% below the average September 2016 detached price in the Breckland local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

4 RINGMERE CLOSE Sold Prices

Land registry data shows three sales for 4 RINGMERE 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 4 RINGMERE 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
2016 29 SEP	£165,000	£280,155	41% below HPI
1999 24 FEB	£59,500	£79,326	25% below HPI
1998 15 MAY	£31,000	£75,731	59% below HPI

4 RINGMERE 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 4 RINGMERE CLOSE sales between May 1998 and September 2016 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 February 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 4 RINGMERE CLOSE be worth now?

4 RINGMERE CLOSE might now be worth an estimated £224,777.

This is based on house price inflation of 36.2%, between September 2016 and October 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 36.2% inflationary increase is applied to the most recent sale price for 4 RINGMERE CLOSE of £165,000 on 29th September 2016. For the value to have increased from £165,000 to £224,777 over the eight years and eleven months to October 2025, the following assumptions must hold true:

• The value of 4 RINGMERE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2016 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RINGMERE CLOSE has not materially changed since September 2016.

How Large is 4 RINGMERE CLOSE?

4 RINGMERE CLOSE is 59m² according to the EPC inspection conducted in June 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 4 RINGMERE CLOSE lies on this distribution: 5% of detached houses houses are smaller than 4 RINGMERE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Watton.

4 RINGMERE CLOSE: Plot and Title Map

4 RINGMERE CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 4 RINGMERE 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 4 RINGMERE 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 4 RINGMERE CLOSE?

4 RINGMERE CLOSE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 4 on RINGMERE CLOSE.