8, WALNUT GROVE, WATTON, THETFORD, IP25 6EY - £302,500

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.

8 WALNUT GROVE is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £304,207. It was last sold for £302,500 in July 2022, which was around 18% below the average July 2022 detached price in the Breckland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

8 WALNUT GROVE Sold Prices

Land registry data shows four sales for 8 WALNUT GROVE 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 8 WALNUT GROVE 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
2022 5 JUL	£302,500	£368,351	18% below HPI
2018 22 OCT	£210,000	£303,863	31% below HPI
1997 15 JAN	£44,500	£69,327	36% below HPI
1995 5 APR	£22,000	£65,262	66% below HPI

8 WALNUT GROVE 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 8 WALNUT GROVE sales between April 1995 and July 2022 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 October 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 WALNUT GROVE be worth now?

8 WALNUT GROVE might now be worth an estimated £304,207.

This is based on house price inflation of 0.6%, between July 2022 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 0.6% inflationary increase is applied to the most recent sale price for 8 WALNUT GROVE of £302,500 on 5th July 2022. For the value to have increased from £302,500 to £304,207 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 8 WALNUT GROVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2022 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WALNUT GROVE has not materially changed since July 2022.

How Large is 8 WALNUT GROVE?

8 WALNUT GROVE is 61m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% 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 8 WALNUT GROVE lies on this distribution: 7% of detached houses houses are smaller than 8 WALNUT GROVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Watton.

8 WALNUT GROVE: Plot and Title Map

8 WALNUT GROVE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 8 WALNUT GROVE, 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 8 WALNUT GROVE). 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 8 WALNUT GROVE?

8 WALNUT GROVE is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 8 on WALNUT GROVE.