6, RINGMERE CLOSE, WATTON, THETFORD, IP25 6LQ - £250,000

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.

6 RINGMERE CLOSE is a very small detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £257,902. It was last sold for £250,000 in February 2024, which was around 30% below the average February 2024 detached price in the Breckland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

6 RINGMERE CLOSE Sold Prices

Land registry data shows five sales for 6 RINGMERE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 6 RINGMERE 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
2024 15 FEB	£250,000	£359,080	30% below HPI
2013 29 NOV	£135,000	£217,144	38% below HPI
2001 24 AUG	£79,500	£120,031	34% below HPI
1998 3 DEC	£56,500	£78,630	28% below HPI
1998 29 JUN	£28,500	£78,059	63% below HPI

6 RINGMERE 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 five 6 RINGMERE CLOSE sales between June 1998 and February 2024 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 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 RINGMERE CLOSE be worth now?

6 RINGMERE CLOSE might now be worth an estimated £257,902.

This is based on house price inflation of 3.2%, between February 2024 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 3.2% inflationary increase is applied to the most recent sale price for 6 RINGMERE CLOSE of £250,000 on 15th February 2024. For the value to have increased from £250,000 to £257,902 over the one year to February 2025, the following assumptions must hold true:

• The value of 6 RINGMERE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2024 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RINGMERE CLOSE has not materially changed since February 2024.

How Large is 6 RINGMERE CLOSE?

6 RINGMERE CLOSE is 58m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses houses in Watton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Watton, and where 6 RINGMERE CLOSE lies on this distribution: 4% of detached houses houses are smaller than 6 RINGMERE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Watton.

6 RINGMERE CLOSE: Plot and Title Map

6 RINGMERE CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 6 RINGMERE 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 6 RINGMERE 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 6 RINGMERE CLOSE?

6 RINGMERE CLOSE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 6 on RINGMERE CLOSE.