BALSAM HOUSE, WATTON ROAD, ASHILL, THETFORD, IP25 7AJ - £470,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BALSAM HOUSE is a very large extended detached house of 178m², built sometime between 2007 and 2011. It was last sold for £470,000 in December 2023, which was around 31% above the average December 2023 detached price in the Breckland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was A.

BALSAM HOUSE Sold Prices

Land registry data shows four sales for BALSAM HOUSE 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 BALSAM HOUSE sales were for above 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 14 DEC	£470,000	£358,681	31% above HPI
2016 16 DEC	£320,000	£281,870	14% above HPI
2014 7 FEB	£242,000	£215,494	12% above HPI
2010 25 JUN	£249,995	£210,796	19% above HPI

BALSAM HOUSE 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 BALSAM HOUSE sales between June 2010 and December 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 December 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2023 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is BALSAM HOUSE?

BALSAM HOUSE is 178m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% of detached houses in Ashill, based on EPC data. The below chart shows the distribution of detached houses by size in Ashill, and where BALSAM HOUSE lies on this distribution: 95% of detached houses are smaller than BALSAM HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Ashill.

BALSAM HOUSE: Plot and Title Map

BALSAM HOUSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of BALSAM HOUSE, 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 BALSAM HOUSE). 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 BALSAM HOUSE?

BALSAM HOUSE is located on WATTON ROAD in ASHILL, in the IP25 postcode district. The below map shows the position of BALSAM HOUSE on WATTON ROAD.