9, CHESTNUT ROAD, WATTON, THETFORD, IP25 6PG - £267,000

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.

9 CHESTNUT ROAD is a midsized detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £289,300. It was last sold for £267,000 in November 2021, which was around 22% below the average November 2021 detached price in the Breckland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

9 CHESTNUT ROAD Sold Prices

Land registry data shows four sales for 9 CHESTNUT ROAD 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 9 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
2021 29 NOV	£267,000	£341,876	22% below HPI
2004 30 JUN	£80,000	£193,180	59% below HPI
1998 3 DEC	£72,000	£78,630	8% below HPI
1996 10 OCT	£55,500	£69,401	20% below HPI

9 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 four 9 CHESTNUT ROAD sales between October 1996 and November 2021 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 June 2004 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the November 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 9 CHESTNUT ROAD be worth now?

9 CHESTNUT ROAD might now be worth an estimated £289,300.

This is based on house price inflation of 8.4%, between November 2021 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 8.4% inflationary increase is applied to the most recent sale price for 9 CHESTNUT ROAD of £267,000 on 29th November 2021. For the value to have increased from £267,000 to £289,300 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 CHESTNUT ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2021 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHESTNUT ROAD has not materially changed since November 2021.

How Large is 9 CHESTNUT ROAD?

9 CHESTNUT ROAD is 99m² according to the EPC inspection conducted in January 2018. This puts it in the largest 50% 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 9 CHESTNUT ROAD lies on this distribution: 58% of detached houses houses are smaller than 9 CHESTNUT ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Watton.

9 CHESTNUT ROAD: Plot and Title Map

9 CHESTNUT ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 9 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 9 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 9 CHESTNUT ROAD?

9 CHESTNUT ROAD is located in WATTON, in the IP25 postcode district. The below map shows the position of No. 9 on CHESTNUT ROAD.