24, MERTON ROAD, WATTON, THETFORD, IP25 6BD - £328,000

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.

24 MERTON ROAD is a midsized extended detached house of 97m², which could now be worth an estimated £360,005. It was last sold for £328,000 in October 2021, which was around 3% below the average October 2021 detached price in the Breckland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

24 MERTON ROAD Sold Prices

Land registry data shows two sales for 24 MERTON ROAD 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 24 MERTON ROAD 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
2021 29 OCT	£328,000	£337,498	3% below HPI
2018 1 JUN	£180,000	£299,823	40% below HPI

24 MERTON ROAD 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 24 MERTON ROAD sales from June 2018 and October 2021 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 June 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 24 MERTON ROAD be worth now?

24 MERTON ROAD might now be worth an estimated £360,005.

This is based on house price inflation of 9.8%, between October 2021 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 9.8% inflationary increase is applied to the most recent sale price for 24 MERTON ROAD of £328,000 on 29th October 2021. For the value to have increased from £328,000 to £360,005 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 MERTON ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2021 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MERTON ROAD has not materially changed since October 2021.

How Large is 24 MERTON ROAD?

24 MERTON ROAD is 97m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% 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 24 MERTON ROAD lies on this distribution: 55% of detached houses houses are smaller than 24 MERTON ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Watton.

24 MERTON ROAD: Plot and Title Map

24 MERTON ROAD sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 24 MERTON ROAD, 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 24 MERTON ROAD). 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 24 MERTON ROAD?

24 MERTON ROAD is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 24 on MERTON ROAD.