28, PRIORY ROAD, WATTON, THETFORD, IP25 6PQ - £265,000

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

28 PRIORY ROAD is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £265,000 in June 2023, which was around 27% below the average June 2023 detached price in the Breckland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

28 PRIORY ROAD Sold Prices

Land registry data shows four sales for 28 PRIORY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 28 PRIORY 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
2023 21 JUN	£265,000	£363,317	27% below HPI
2020 17 NOV	£220,000	£314,994	30% below HPI
2010 14 MAY	£156,000	£212,738	27% below HPI
2006 17 MAR	£143,950	£200,250	28% below HPI

28 PRIORY 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 four 28 PRIORY ROAD sales between March 2006 and June 2023 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 2020 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 28 PRIORY ROAD?

28 PRIORY ROAD is 67m² according to the EPC inspection conducted in August 2020. 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 28 PRIORY ROAD lies on this distribution: 12% of detached houses are smaller than 28 PRIORY ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Watton.

28 PRIORY ROAD: Plot and Title Map

28 PRIORY ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 28 PRIORY 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 28 PRIORY 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 28 PRIORY ROAD?

28 PRIORY ROAD is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 28 on PRIORY ROAD.