48, NORWICH ROAD, WATTON, THETFORD, IP25 6DB - £216,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 NORWICH ROAD is a small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £216,000 in January 2016, which was around 16% below the average January 2016 detached price in the Breckland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

48 NORWICH ROAD Sold Prices

Land registry data shows two sales for 48 NORWICH 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 48 NORWICH 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
2016 6 JAN	£216,000	£257,129	16% below HPI
2010 12 FEB	£155,000	£207,396	25% below HPI

48 NORWICH 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 48 NORWICH ROAD sales from February 2010 and January 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 February 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 48 NORWICH ROAD?

48 NORWICH ROAD is 75m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 48 NORWICH ROAD lies on this distribution: 23% of detached houses are smaller than 48 NORWICH ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Watton.

48 NORWICH ROAD: Plot and Title Map

48 NORWICH ROAD sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 48 NORWICH 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 48 NORWICH 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 48 NORWICH ROAD?

48 NORWICH ROAD is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 48 on NORWICH ROAD.