25, RINGMERE ROAD, WATTON, THETFORD, IP25 6LH - £190,000

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.

25 RINGMERE ROAD is a very small extended detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £220,100. It was last sold for £190,000 in October 2020, which was around 41% below the average October 2020 detached price in the Breckland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

25 RINGMERE ROAD Sold Prices

Land registry data shows two sales for 25 RINGMERE ROAD 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 25 RINGMERE ROAD 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 30 OCT	£190,000	£319,771	41% below HPI
2001 3 AUG	£72,500	£120,031	40% below HPI

25 RINGMERE ROAD 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 25 RINGMERE ROAD sales from August 2001 and October 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 August 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 25 RINGMERE ROAD be worth now?

25 RINGMERE ROAD might now be worth an estimated £220,100.

This is based on house price inflation of 15.8%, between October 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 15.8% inflationary increase is applied to the most recent sale price for 25 RINGMERE ROAD of £190,000 on 30th October 2020. For the value to have increased from £190,000 to £220,100 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 25 RINGMERE ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 25 RINGMERE ROAD has not materially changed since October 2020.

How Large is 25 RINGMERE ROAD?

25 RINGMERE ROAD is 64m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% 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 25 RINGMERE ROAD lies on this distribution: 10% of detached houses houses are smaller than 25 RINGMERE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Watton.

25 RINGMERE ROAD: Plot and Title Map

25 RINGMERE ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 25 RINGMERE ROAD, 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 25 RINGMERE ROAD). 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 25 RINGMERE ROAD?

25 RINGMERE ROAD is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 25 on RINGMERE ROAD.