44A, SCOTGATE CLOSE, GREAT HOCKHAM, THETFORD, IP24 1PF - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

44A SCOTGATE CLOSE is a small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £309,798. It was last sold for £195,000 in July 2007, which was around 16% below the average July 2007 detached price in the Breckland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was A.

44A SCOTGATE CLOSE Sold Prices

Land registry data shows three sales for 44A SCOTGATE CLOSE 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 44A SCOTGATE 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
2007 20 JUL	£195,000	£233,164	16% below HPI
2006 31 MAR	£143,000	£201,809	29% below HPI
2001 9 MAY	£87,000	£110,776	21% below HPI

44A SCOTGATE 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 three 44A SCOTGATE CLOSE sales between May 2001 and July 2007 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 March 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2007 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 44A SCOTGATE CLOSE be worth now?

44A SCOTGATE CLOSE might now be worth an estimated £309,798.

This is based on house price inflation of 58.9%, between July 2007 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 58.9% inflationary increase is applied to the most recent sale price for 44A SCOTGATE CLOSE of £195,000 on 20th July 2007. For the value to have increased from £195,000 to £309,798 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 44A SCOTGATE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2007 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 44A SCOTGATE CLOSE has not materially changed since July 2007.

How Large is 44A SCOTGATE CLOSE?

44A SCOTGATE CLOSE is 95m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of detached houses houses in Great Hockham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Hockham, and where 44A SCOTGATE CLOSE lies on this distribution: 27% of detached houses houses are smaller than 44A SCOTGATE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Great Hockham.

44A SCOTGATE CLOSE: Plot and Title Map

44A SCOTGATE CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 44A SCOTGATE 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 44A SCOTGATE 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 44A SCOTGATE CLOSE?

44A SCOTGATE CLOSE is located in GREAT HOCKHAM, in the IP24 postcode district. The below map shows the position of No. 44A on SCOTGATE CLOSE.