40, SHARMAN AVENUE, WATTON, THETFORD, IP25 6ED - £180,000

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

40 SHARMAN AVENUE is a midsized extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £180,000 in April 2018, which was around 40% below the average April 2018 detached price in the Breckland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

40 SHARMAN AVENUE Sold Prices

Land registry data shows three sales for 40 SHARMAN AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 40 SHARMAN AVENUE 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
2018 12 APR	£180,000	£299,013	40% below HPI
2001 7 SEP	£110,000	£121,300	9% below HPI
1997 29 APR	£57,000	£68,505	17% below HPI

40 SHARMAN AVENUE 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 three 40 SHARMAN AVENUE sales between April 1997 and April 2018 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 September 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 40 SHARMAN AVENUE?

40 SHARMAN AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 40 SHARMAN AVENUE lies on this distribution: 44% of detached houses are smaller than 40 SHARMAN AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Watton.

40 SHARMAN AVENUE: Plot and Title Map

40 SHARMAN AVENUE sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 40 SHARMAN AVENUE, 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 40 SHARMAN AVENUE). 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 40 SHARMAN AVENUE?

40 SHARMAN AVENUE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 40 on SHARMAN AVENUE.