WESTFIELD, CHURCH ROAD, GRISTON, THETFORD, IP25 6QA - £300,000

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

WESTFIELD is a midsized extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £300,000 in August 2020, which was around 4% below the average August 2020 detached price in the Breckland local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

WESTFIELD Sold Prices

Land registry data shows four sales for WESTFIELD 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. Most of the four WESTFIELD 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
2020 26 AUG	£300,000	£312,186	4% below HPI
2004 13 OCT	£235,000	£193,454	21% above HPI
2002 22 NOV	£160,000	£156,855	2% above HPI
1998 9 APR	£85,000	£75,004	13% above HPI

WESTFIELD 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 WESTFIELD sales between April 1998 and August 2020 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 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is WESTFIELD?

WESTFIELD is 141m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Griston, based on EPC data. The below chart shows the distribution of detached houses by size in Griston, and where WESTFIELD lies on this distribution: 44% of detached houses are smaller than WESTFIELD, and 56% of houses are larger. Note that EPC data is not available for all properties in Griston.

WESTFIELD: Plot and Title Map

WESTFIELD sits on a plot of roughly 0.259 of an acre, or 1,048m². The below map shows the location of WESTFIELD, 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 WESTFIELD). 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 WESTFIELD?

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