3, MONKHAMS DRIVE, WATTON, THETFORD, IP25 6PE - £242,000

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

3 MONKHAMS DRIVE is a large extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £242,000 in December 2019, which was around 18% below the average December 2019 detached price in the Breckland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

3 MONKHAMS DRIVE Sold Prices

Land registry data shows two sales for 3 MONKHAMS DRIVE 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 3 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
2019 6 DEC	£242,000	£296,235	18% below HPI
1995 27 NOV	£53,000	£67,581	22% below HPI

3 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 two 3 MONKHAMS DRIVE sales from November 1995 and December 2019 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 November 1995 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 MONKHAMS DRIVE?

3 MONKHAMS DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 3 MONKHAMS DRIVE lies on this distribution: 68% of detached houses are smaller than 3 MONKHAMS DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Watton.

3 MONKHAMS DRIVE: Plot and Title Map

3 MONKHAMS DRIVE sits on a plot of roughly 0.230 of an acre, or 933m². The below map shows the location of 3 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 3 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 3 MONKHAMS DRIVE?

3 MONKHAMS DRIVE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 3 on MONKHAMS DRIVE.