FIELD LODGE, TOWN GREEN ROAD, WATTON, THETFORD, IP25 6RD - £600,000

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.

FIELD LODGE is a very large extended detached house of 461m², built sometime between 1983 and 1990, which could now be worth an estimated £793,339. It was last sold for £600,000 in September 2016, which was around 114% above the average September 2016 detached price in the Breckland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

FIELD LODGE Sold Prices

Land registry data shows two sales for FIELD LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two FIELD LODGE sales were for above 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
2016 19 SEP	£600,000	£280,155	114% above HPI
2015 17 SEP	£740,000	£254,360	191% above HPI

FIELD LODGE 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 two FIELD LODGE sales from September 2015 and September 2016 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 2015 sale was for 191% above the HPI. So the extrapolation line tracks at 191% above the HPI over time, until the September 2016 sale, where it falls to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might FIELD LODGE be worth now?

FIELD LODGE might now be worth an estimated £793,339.

This is based on house price inflation of 32.2%, between September 2016 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 32.2% inflationary increase is applied to the most recent sale price for FIELD LODGE of £600,000 on 19th September 2016. For the value to have increased from £600,000 to £793,339 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of FIELD LODGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The September 2016 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of FIELD LODGE has not materially changed since September 2016.

How Large is FIELD LODGE?

FIELD LODGE is 461m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 FIELD LODGE lies on this distribution: More than 99% of detached houses houses are smaller than FIELD LODGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Watton.

FIELD LODGE: Plot and Title Map

FIELD LODGE sits on a plot of roughly 2.6 acres, or 10,692m². The below map shows the location of FIELD LODGE, 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 FIELD LODGE). 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 FIELD LODGE?

FIELD LODGE is located on TOWN GREEN ROAD in WATTON, in the IP25 postcode district. The below map shows the position of FIELD LODGE on TOWN GREEN ROAD.