2, TEDDER CLOSE, WATTON, THETFORD, IP25 6HU - £355,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 TEDDER CLOSE is a very large detached house of 150m², built sometime between 2007 and 2011. It was last sold for £355,000 in September 2022, which was around 4% below the average September 2022 detached price in the Breckland local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

2 TEDDER CLOSE Sold Prices

Land registry data shows three sales for 2 TEDDER 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 TEDDER CLOSE 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
2022 30 SEP	£355,000	£370,257	4% below HPI
2015 29 JUN	£202,000	£242,342	17% below HPI
2012 19 NOV	£174,000	£209,861	17% below HPI

2 TEDDER 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 TEDDER CLOSE sales between November 2012 and September 2022 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 2 TEDDER CLOSE?

2 TEDDER CLOSE is 150m² according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 2 TEDDER CLOSE lies on this distribution: 89% of detached houses are smaller than 2 TEDDER CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Watton.

2 TEDDER CLOSE: Plot and Title Map

2 TEDDER CLOSE sits on a plot of roughly 0.284 of an acre, or 1,148m². The below map shows the location of 2 TEDDER 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 TEDDER 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 TEDDER CLOSE?

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