38B, PRIORY ROAD, WATTON, THETFORD, IP25 6PQ - £315,000

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.

38B PRIORY ROAD is a large extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £309,210. It was last sold for £315,000 in February 2023, which was around 17% below the average February 2023 detached price in the Breckland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

38B PRIORY ROAD Sold Prices

Land registry data shows three sales for 38B PRIORY ROAD 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 38B 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 17 FEB	£315,000	£377,366	17% below HPI
2016 18 JAN	£185,000	£259,131	29% below HPI
1996 17 JUL	£10,000	£64,574	85% below HPI

38B 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 three 38B PRIORY ROAD sales between July 1996 and February 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 January 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 38B PRIORY ROAD be worth now?

38B PRIORY ROAD might now be worth an estimated £309,210.

This is based on house price deflation of 1.8%, between February 2023 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 1.8% deflationary decrease is applied to the most recent sale price for 38B PRIORY ROAD of £315,000 on 17th February 2023. For the value to have decreased from £315,000 to £309,210 over the two years to February 2025, the following assumptions must hold true:

• The value of 38B PRIORY ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 38B PRIORY ROAD has not materially changed since February 2023.

How Large is 38B PRIORY ROAD?

38B PRIORY ROAD is 114m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 30% 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 38B PRIORY ROAD lies on this distribution: 70% of detached houses houses are smaller than 38B PRIORY ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Watton.

38B PRIORY ROAD: Plot and Title Map

38B PRIORY ROAD sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 38B 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 38B 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 38B PRIORY ROAD?

38B PRIORY ROAD is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 38B on PRIORY ROAD.