5, SHARMAN AVENUE, WATTON, THETFORD, IP25 6ED - £145,950

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

5 SHARMAN AVENUE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £145,950 in February 2013, which was around 28% below the average February 2013 detached price in the Breckland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was A.

5 SHARMAN AVENUE Sold Prices

Land registry data shows three sales for 5 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 5 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
2013 28 FEB	£145,950	£203,161	28% below HPI
2003 21 NOV	£137,000	£172,970	21% below HPI
2003 21 FEB	£105,000	£159,124	34% below HPI

5 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 5 SHARMAN AVENUE sales between February 2003 and February 2013 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 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2013 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 SHARMAN AVENUE?

5 SHARMAN AVENUE is 67m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 5 SHARMAN AVENUE lies on this distribution: 12% of detached houses are smaller than 5 SHARMAN AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Watton.

5 SHARMAN AVENUE: Plot and Title Map

5 SHARMAN AVENUE sits on a plot of roughly 0.094 of an acre, or 378m². The below map shows the location of 5 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 5 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 5 SHARMAN AVENUE?

5 SHARMAN AVENUE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 5 on SHARMAN AVENUE.