2, WELGATE CLOSE, MATTISHALL, DEREHAM, NR20 3NR - £351,000

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 WELGATE CLOSE is a large extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £351,000 in March 2023, which was around 6% below the average March 2023 detached price in the Breckland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was A.

2 WELGATE CLOSE Sold Prices

Land registry data shows two sales for 2 WELGATE 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 2 WELGATE 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
2023 3 MAR	£351,000	£371,510	6% below HPI
2002 15 MAR	£79,000	£124,089	36% below HPI

2 WELGATE 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 2 WELGATE CLOSE sales from March 2002 and March 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 March 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 WELGATE CLOSE?

2 WELGATE CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses in Mattishall, based on EPC data. The below chart shows the distribution of detached houses by size in Mattishall, and where 2 WELGATE CLOSE lies on this distribution: 64% of detached houses are smaller than 2 WELGATE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Mattishall.

2 WELGATE CLOSE: Plot and Title Map

2 WELGATE CLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 2 WELGATE 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 WELGATE 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 WELGATE CLOSE?

2 WELGATE CLOSE is located in MATTISHALL, in the NR20 postcode district. The below map shows the position of No. 2 on WELGATE CLOSE.