7, PRINCESS CLOSE, WATTON, THETFORD, IP25 6XA - £172,500

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.

7 PRINCESS CLOSE is a very small extended detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £195,067. It was last sold for £172,500 in October 2021, which was around 49% below the average October 2021 detached price in the Breckland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

7 PRINCESS CLOSE Sold Prices

Land registry data shows two sales for 7 PRINCESS CLOSE 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 7 PRINCESS 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
2021 7 OCT	£172,500	£337,498	49% below HPI
2000 4 DEC	£66,000	£109,014	39% below HPI

7 PRINCESS 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 two 7 PRINCESS CLOSE sales from December 2000 and October 2021 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 December 2000 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 7 PRINCESS CLOSE be worth now?

7 PRINCESS CLOSE might now be worth an estimated £195,067.

This is based on house price inflation of 13.1%, between October 2021 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 13.1% inflationary increase is applied to the most recent sale price for 7 PRINCESS CLOSE of £172,500 on 7th October 2021. For the value to have increased from £172,500 to £195,067 over the four years to October 2025, the following assumptions must hold true:

• The value of 7 PRINCESS CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2021 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PRINCESS CLOSE has not materially changed since October 2021.

How Large is 7 PRINCESS CLOSE?

7 PRINCESS CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 7 PRINCESS CLOSE lies on this distribution: 6% of detached houses houses are smaller than 7 PRINCESS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Watton.

7 PRINCESS CLOSE: Plot and Title Map

7 PRINCESS CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 7 PRINCESS 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 7 PRINCESS 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 7 PRINCESS CLOSE?

7 PRINCESS CLOSE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 7 on PRINCESS CLOSE.