23, MALTHOUSE CLOSE, WATTON, THETFORD, IP25 6XH - £252,500

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.

23 MALTHOUSE CLOSE is a large detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £312,323. It was last sold for £252,500 in February 2020, which was around 16% below the average February 2020 detached price in the Breckland local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

23 MALTHOUSE CLOSE Sold Prices

Land registry data shows two sales for 23 MALTHOUSE 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 23 MALTHOUSE 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
2020 13 FEB	£252,500	£299,477	16% below HPI
2018 15 JUN	£235,000	£299,823	22% below HPI

23 MALTHOUSE 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 23 MALTHOUSE CLOSE sales from June 2018 and February 2020 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 23 MALTHOUSE CLOSE be worth now?

23 MALTHOUSE CLOSE might now be worth an estimated £312,323.

This is based on house price inflation of 23.7%, between February 2020 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 23.7% inflationary increase is applied to the most recent sale price for 23 MALTHOUSE CLOSE of £252,500 on 13th February 2020. For the value to have increased from £252,500 to £312,323 over the five years to February 2025, the following assumptions must hold true:

• The value of 23 MALTHOUSE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2020 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 23 MALTHOUSE CLOSE has not materially changed since February 2020.

How Large is 23 MALTHOUSE CLOSE?

23 MALTHOUSE CLOSE is 108m² according to the EPC inspection conducted in February 2018. This puts it in the largest 40% 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 23 MALTHOUSE CLOSE lies on this distribution: 66% of detached houses houses are smaller than 23 MALTHOUSE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Watton.

23 MALTHOUSE CLOSE: Plot and Title Map

23 MALTHOUSE CLOSE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 23 MALTHOUSE 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 23 MALTHOUSE 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 23 MALTHOUSE CLOSE?

23 MALTHOUSE CLOSE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 23 on MALTHOUSE CLOSE.