4, WATERMILL GREEN, THETFORD, IP24 3BW - £195,000

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.

4 WATERMILL GREEN is a very small semi-detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £242,888. It was last sold for £195,000 in December 2019, which was around 1% above the average December 2019 semi-detached price in the Breckland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

4 WATERMILL GREEN Sold Prices

Land registry data shows three sales for 4 WATERMILL GREEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. All of the three 4 WATERMILL GREEN sales were for above 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 9 DEC	£195,000	£192,708	1% above HPI
2005 15 DEC	£138,000	£131,922	5% above HPI
1996 4 JUN	£48,500	£40,194	21% above HPI

4 WATERMILL GREEN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The three 4 WATERMILL GREEN sales between June 1996 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 December 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2019 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 4 WATERMILL GREEN be worth now?

4 WATERMILL GREEN might now be worth an estimated £242,888.

This is based on house price inflation of 24.6%, between December 2019 and February 2025, for semi-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 24.6% inflationary increase is applied to the most recent sale price for 4 WATERMILL GREEN of £195,000 on 9th December 2019. For the value to have increased from £195,000 to £242,888 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 WATERMILL GREEN has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The December 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WATERMILL GREEN has not materially changed since December 2019.

How Large is 4 WATERMILL GREEN?

4 WATERMILL GREEN is 68m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of semi-detached houses houses in Thetford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thetford, and where 4 WATERMILL GREEN lies on this distribution: 4% of semi-detached houses houses are smaller than 4 WATERMILL GREEN, and 95% of houses are larger. Note that EPC data is not available for all properties in Thetford.

4 WATERMILL GREEN: Plot and Title Map

4 WATERMILL GREEN sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 4 WATERMILL GREEN, 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 4 WATERMILL GREEN). 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 4 WATERMILL GREEN?

4 WATERMILL GREEN is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 4 on WATERMILL GREEN.