2, FORMAN CLOSE, WATTON, THETFORD, IP25 6XZ - £425,000

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.

2 FORMAN CLOSE is a very large detached house of 207m², which could now be worth an estimated £434,855. It was last sold for £425,000 in January 2024, which was around 17% above the average January 2024 detached price in the Breckland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

2 FORMAN CLOSE Sold Prices

Land registry data shows three sales for 2 FORMAN 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 2 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
2024 25 JAN	£425,000	£362,035	17% above HPI
2021 10 MAR	£362,500	£328,376	10% above HPI
2015 20 MAR	£284,000	£238,806	19% above HPI

2 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 three 2 FORMAN CLOSE sales between March 2015 and January 2024 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 March 2021 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2024 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 FORMAN CLOSE be worth now?

2 FORMAN CLOSE might now be worth an estimated £434,855.

This is based on house price inflation of 2.3%, between January 2024 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 2.3% inflationary increase is applied to the most recent sale price for 2 FORMAN CLOSE of £425,000 on 25th January 2024. For the value to have increased from £425,000 to £434,855 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 2 FORMAN CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2024 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORMAN CLOSE has not materially changed since January 2024.

How Large is 2 FORMAN CLOSE?

2 FORMAN CLOSE is 207m² according to the EPC inspection conducted in February 2015. 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 2 FORMAN CLOSE lies on this distribution: 97% of detached houses houses are smaller than 2 FORMAN CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Watton.

2 FORMAN CLOSE: Plot and Title Map

2 FORMAN CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 2 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 2 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 2 FORMAN CLOSE?

2 FORMAN CLOSE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 2 on FORMAN CLOSE.