1, MONKHAMS DRIVE, WATTON, THETFORD, IP25 6PE - £392,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MONKHAMS DRIVE is a midsized detached house of 88m², built sometime between 1950 and 1966. It was last sold for £392,500 in August 2023, which was around 7% above the average August 2023 detached price in the Breckland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

1 MONKHAMS DRIVE Sold Prices

Land registry data shows two sales for 1 MONKHAMS DRIVE 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. One of the two 1 MONKHAMS DRIVE 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
2023 4 AUG	£392,500	£365,339	7% above HPI
2021 26 FEB	£225,000	£321,731	30% below HPI

1 MONKHAMS DRIVE 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 1 MONKHAMS DRIVE sales from February 2021 and August 2023 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 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 MONKHAMS DRIVE?

1 MONKHAMS DRIVE is 88m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 1 MONKHAMS DRIVE lies on this distribution: 40% of detached houses are smaller than 1 MONKHAMS DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Watton.

1 MONKHAMS DRIVE: Plot and Title Map

1 MONKHAMS DRIVE sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 1 MONKHAMS DRIVE, 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 1 MONKHAMS DRIVE). 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 1 MONKHAMS DRIVE?

1 MONKHAMS DRIVE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 1 on MONKHAMS DRIVE.