THE PINES, CHURCH ROAD, GRISTON, THETFORD, IP25 6QA - £327,500

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

THE PINES is a very small detached house of 99m², built sometime between 1950 and 1966. It was last sold for £327,500 in February 2021, which was around 2% above the average February 2021 detached price in the Breckland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was F, and the potential energy rating was B.

THE PINES Sold Prices

Land registry data shows three sales for THE PINES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. One of the three THE PINES sales was for above the average price, whilst two 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 25 FEB	£327,500	£321,731	2% above HPI
2014 19 DEC	£235,000	£240,227	2% below HPI
1998 6 MAR	£67,000	£74,597	10% below HPI

THE PINES 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 three THE PINES sales between March 1998 and February 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 December 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is THE PINES?

THE PINES is 99m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Griston, based on EPC data. The below chart shows the distribution of detached houses by size in Griston, and where THE PINES lies on this distribution: 19% of detached houses are smaller than THE PINES, and 79% of houses are larger. Note that EPC data is not available for all properties in Griston.

THE PINES: Plot and Title Map

THE PINES sits on a plot of roughly 0.315 of an acre, or 1,276m². The below map shows the location of THE PINES, 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 THE PINES). 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 THE PINES?

THE PINES is located on CHURCH ROAD in GRISTON, in the IP25 postcode district. The below map shows the position of THE PINES on CHURCH ROAD.