7, SHARMAN AVENUE, WATTON, THETFORD, IP25 6ED - £247,000

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

7 SHARMAN AVENUE is a large extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £247,000 in February 2020, which was around 17% below the average February 2020 detached price in the Breckland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

7 SHARMAN AVENUE Sold Prices

Land registry data shows three sales for 7 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 7 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
2020 14 FEB	£247,000	£297,163	17% below HPI
2013 2 APR	£115,000	£204,082	44% below HPI
1996 12 AUG	£34,000	£66,616	49% below HPI

7 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 7 SHARMAN AVENUE sales between August 1996 and February 2020 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 April 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 SHARMAN AVENUE?

7 SHARMAN AVENUE is 104m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 40% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 7 SHARMAN AVENUE lies on this distribution: 62% of detached houses are smaller than 7 SHARMAN AVENUE, and 38% of houses are larger. Note that EPC data is not available for all properties in Watton.

7 SHARMAN AVENUE: Plot and Title Map

7 SHARMAN AVENUE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 7 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 7 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 7 SHARMAN AVENUE?

7 SHARMAN AVENUE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 7 on SHARMAN AVENUE.