7, THREE POST ROAD, WATTON, THETFORD, IP25 6LE - £188,000

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

7 THREE POST ROAD is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £188,000 in January 2023, which was around 51% below the average January 2023 detached price in the Breckland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was C.

7 THREE POST ROAD Sold Prices

Land registry data shows two sales for 7 THREE POST 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 7 THREE POST 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 13 JAN	£188,000	£380,629	51% below HPI
1995 12 APR	£41,000	£64,758	37% below HPI

7 THREE POST 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 7 THREE POST ROAD sales from April 1995 and January 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 April 1995 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 7 THREE POST ROAD?

7 THREE POST ROAD is 66m² according to the EPC inspection conducted in December 2021. 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 7 THREE POST ROAD lies on this distribution: 11% of detached houses are smaller than 7 THREE POST ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Watton.

7 THREE POST ROAD: Plot and Title Map

7 THREE POST ROAD sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 7 THREE POST 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 THREE POST 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 THREE POST ROAD?

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