5, HEYS YARD, WATTON, THETFORD, IP25 6XY - £297,500

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.

5 HEYS YARD is a large detached house of 124m², built sometime from 2007 onwards, which could now be worth an estimated £486,068. It was last sold for £297,500 in August 2014, which was around 27% above the average August 2014 detached price in the Breckland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

5 HEYS YARD Sold Prices

Land registry data shows three sales for 5 HEYS YARD 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 5 HEYS YARD sales were for above 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 19 AUG	£297,500	£233,591	27% above HPI
2013 3 MAY	£290,000	£205,873	41% above HPI
2007 19 OCT	£290,000	£237,756	22% above HPI

5 HEYS YARD 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 5 HEYS YARD sales between October 2007 and August 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 2013 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2014 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5 HEYS YARD be worth now?

5 HEYS YARD might now be worth an estimated £486,068.

This is based on house price inflation of 63.4%, between August 2014 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 63.4% inflationary increase is applied to the most recent sale price for 5 HEYS YARD of £297,500 on 19th August 2014. For the value to have increased from £297,500 to £486,068 over the ten years and ten months to October 2025, the following assumptions must hold true:

• The value of 5 HEYS YARD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2014 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HEYS YARD has not materially changed since August 2014.

How Large is 5 HEYS YARD?

5 HEYS YARD is 124m² according to the EPC inspection conducted in February 2012. This puts it in the largest 30% 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 5 HEYS YARD lies on this distribution: 78% of detached houses houses are smaller than 5 HEYS YARD, and 22% of houses are larger. Note that EPC data is not available for all properties in Watton.

5 HEYS YARD: Plot and Title Map

5 HEYS YARD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 5 HEYS YARD, 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 5 HEYS YARD). 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 5 HEYS YARD?

5 HEYS YARD is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 5 on HEYS YARD.