11, FORMAN CLOSE, WATTON, THETFORD, IP25 6XZ - £360,000

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.

11 FORMAN CLOSE is a very large detached house of 174m², which could now be worth an estimated £462,253. It was last sold for £360,000 in July 2017, which was around 25% above the average July 2017 detached price in the Breckland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

11 FORMAN CLOSE Sold Prices

Land registry data shows two sales for 11 FORMAN 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 11 FORMAN CLOSE 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
2017 18 JUL	£360,000	£288,489	25% above HPI
2016 6 JUN	£337,000	£271,226	24% above HPI

11 FORMAN 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 11 FORMAN CLOSE sales from June 2016 and July 2017 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 2016 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2017 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 11 FORMAN CLOSE be worth now?

11 FORMAN CLOSE might now be worth an estimated £462,253.

This is based on house price inflation of 28.4%, between July 2017 and February 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 28.4% inflationary increase is applied to the most recent sale price for 11 FORMAN CLOSE of £360,000 on 18th July 2017. For the value to have increased from £360,000 to £462,253 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 11 FORMAN CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2017 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FORMAN CLOSE has not materially changed since July 2017.

How Large is 11 FORMAN CLOSE?

11 FORMAN CLOSE is 174m² according to the EPC inspection conducted in May 2016. This puts it in the largest 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 11 FORMAN CLOSE lies on this distribution: 94% of detached houses houses are smaller than 11 FORMAN CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Watton.

11 FORMAN CLOSE: Plot and Title Map

11 FORMAN CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 11 FORMAN 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 11 FORMAN 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 11 FORMAN CLOSE?

11 FORMAN CLOSE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 11 on FORMAN CLOSE.