21, MONKHAMS DRIVE, WATTON, THETFORD, IP25 6PE - £167,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 MONKHAMS DRIVE is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £167,500 in November 2016, which was around 40% below the average November 2016 detached price in the Breckland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

21 MONKHAMS DRIVE Sold Prices

Land registry data shows four sales for 21 MONKHAMS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 21 MONKHAMS DRIVE 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
2016 22 NOV	£167,500	£280,926	40% below HPI
2004 1 JUL	£149,950	£192,190	22% below HPI
2002 5 APR	£89,000	£132,305	33% below HPI
2001 6 JUL	£70,000	£117,348	40% below HPI

21 MONKHAMS DRIVE 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 four 21 MONKHAMS DRIVE sales between July 2001 and November 2016 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 21 MONKHAMS DRIVE?

21 MONKHAMS DRIVE is 67m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 21 MONKHAMS DRIVE lies on this distribution: 12% of detached houses are smaller than 21 MONKHAMS DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Watton.

21 MONKHAMS DRIVE: Plot and Title Map

21 MONKHAMS DRIVE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 21 MONKHAMS DRIVE, 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 21 MONKHAMS DRIVE). 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 21 MONKHAMS DRIVE?

21 MONKHAMS DRIVE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 21 on MONKHAMS DRIVE.