7, TERN CLOSE, WATTON, THETFORD, IP25 6TS - £170,000

7 TERN CLOSE is a very small detached house of 59m², built sometime between 1996 and 2002. It was last sold for £170,000 in August 2016, which was around 38% below the average August 2016 detached price in the Breckland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

7 TERN CLOSE Sold Prices

Land registry data shows three sales for 7 TERN 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 7 TERN 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 16 AUG	£170,000	£275,871	38% below HPI
2011 3 JUN	£120,000	£200,583	40% below HPI
1998 23 JUL	£66,987	£78,897	15% below HPI

7 TERN 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 7 TERN CLOSE sales between July 1998 and August 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 June 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 TERN CLOSE?

7 TERN CLOSE is 59m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 7 TERN CLOSE lies on this distribution: 5% of detached houses are smaller than 7 TERN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Watton.

7 TERN CLOSE: Plot and Title Map

7 TERN CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 7 TERN 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 TERN 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 TERN CLOSE?

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