2, SHARMAN AVENUE, WATTON, THETFORD, IP25 6ED - £268,000

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 SHARMAN AVENUE is a small extended detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £263,074. It was last sold for £268,000 in February 2023, which was around 29% below the average February 2023 detached price in the Breckland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was F, and the potential energy rating was B.

2 SHARMAN AVENUE Sold Prices

Land registry data shows two sales for 2 SHARMAN AVENUE 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 SHARMAN AVENUE 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
2023 9 FEB	£268,000	£377,366	29% below HPI
2006 28 JUL	£164,000	£212,589	23% below HPI

2 SHARMAN AVENUE 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 SHARMAN AVENUE sales from July 2006 and February 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 July 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 SHARMAN AVENUE be worth now?

2 SHARMAN AVENUE might now be worth an estimated £263,074.

This is based on house price deflation of 1.8%, between February 2023 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 1.8% deflationary decrease is applied to the most recent sale price for 2 SHARMAN AVENUE of £268,000 on 9th February 2023. For the value to have decreased from £268,000 to £263,074 over the two years to February 2025, the following assumptions must hold true:

• The value of 2 SHARMAN AVENUE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2023 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHARMAN AVENUE has not materially changed since February 2023.

How Large is 2 SHARMAN AVENUE?

2 SHARMAN AVENUE is 78m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% 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 SHARMAN AVENUE lies on this distribution: 27% of detached houses houses are smaller than 2 SHARMAN AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Watton.

2 SHARMAN AVENUE: Plot and Title Map

2 SHARMAN AVENUE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 2 SHARMAN AVENUE, 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 SHARMAN AVENUE). 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 SHARMAN AVENUE?

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