2, RAILWAY MEWS, WATTON, THETFORD, IP25 6GL - £502,000

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 RAILWAY MEWS is a very large detached house of 249m², which could now be worth an estimated £577,040. It was last sold for £502,000 in May 2021, which was around 56% above the average May 2021 detached price in the Breckland local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

2 RAILWAY MEWS Sold Prices

Land registry data shows two sales for 2 RAILWAY MEWS 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 2 RAILWAY MEWS 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
2021 26 MAY	£502,000	£322,258	56% above HPI
2015 2 OCT	£334,000	£256,557	30% above HPI

2 RAILWAY MEWS 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 2 RAILWAY MEWS sales from October 2015 and May 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 October 2015 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2021 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 2 RAILWAY MEWS be worth now?

2 RAILWAY MEWS might now be worth an estimated £577,040.

This is based on house price inflation of 14.9%, between May 2021 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 14.9% inflationary increase is applied to the most recent sale price for 2 RAILWAY MEWS of £502,000 on 26th May 2021. For the value to have increased from £502,000 to £577,040 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 2 RAILWAY MEWS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The May 2021 sale price of £502,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RAILWAY MEWS has not materially changed since May 2021.

How Large is 2 RAILWAY MEWS?

2 RAILWAY MEWS is 249m² according to the EPC inspection conducted in January 2009. 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 RAILWAY MEWS lies on this distribution: 98% of detached houses houses are smaller than 2 RAILWAY MEWS, and 2% of houses are larger. Note that EPC data is not available for all properties in Watton.

2 RAILWAY MEWS: Plot and Title Map

2 RAILWAY MEWS sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 2 RAILWAY MEWS, 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 RAILWAY MEWS). 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 RAILWAY MEWS?

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