7, CHESTNUT ROAD, WATTON, THETFORD, IP25 6PG - £225,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

7 CHESTNUT ROAD is a large detached house of 106m², built sometime between 1967 and 1975. It was last sold for £225,000 in January 2020, which was around 23% below the average January 2020 detached price in the Breckland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

7 CHESTNUT ROAD Sold Prices

Land registry data shows five sales for 7 CHESTNUT ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 7 CHESTNUT 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
2020 16 JAN	£225,000	£293,397	23% below HPI
2013 2 AUG	£156,000	£215,006	27% below HPI
2004 23 JUL	£151,950	£192,190	21% below HPI
2001 8 AUG	£95,000	£119,103	20% below HPI
1996 30 AUG	£55,000	£66,616	17% below HPI

7 CHESTNUT 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 five 7 CHESTNUT ROAD sales between August 1996 and January 2020 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 August 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 CHESTNUT ROAD?

7 CHESTNUT ROAD is 106m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Watton, based on EPC data. The below chart shows the distribution of detached houses by size in Watton, and where 7 CHESTNUT ROAD lies on this distribution: 63% of detached houses are smaller than 7 CHESTNUT ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Watton.

7 CHESTNUT ROAD: Plot and Title Map

7 CHESTNUT ROAD sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 7 CHESTNUT 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 7 CHESTNUT 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 7 CHESTNUT ROAD?

7 CHESTNUT ROAD is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 7 on CHESTNUT ROAD.