1, MARKET STREET, SHIPDHAM, THETFORD, IP25 7LY - £310,000

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

1 MARKET STREET is a small detached house of 94m², built sometime before 1900. It was last sold for £310,000 in May 2024, which was around 13% below the average May 2024 detached price in the Breckland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was D.

1 MARKET STREET Sold Prices

Land registry data shows three sales for 1 MARKET STREET 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. Two of the three 1 MARKET STREET sales were for below the average price, whilst one was 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
2024 24 MAY	£310,000	£356,225	13% below HPI
2016 29 APR	£220,000	£260,262	15% below HPI
1995 24 AUG	£67,950	£65,916	3% above HPI

1 MARKET STREET 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 1 MARKET STREET sales between August 1995 and May 2024 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 April 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 1 MARKET STREET?

1 MARKET STREET is 94m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses in Shipdham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipdham, and where 1 MARKET STREET lies on this distribution: 36% of detached houses are smaller than 1 MARKET STREET, and 63% of houses are larger. Note that EPC data is not available for all properties in Shipdham.

1 MARKET STREET: Plot and Title Map

1 MARKET STREET sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of 1 MARKET STREET, 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 1 MARKET STREET). 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 1 MARKET STREET?

1 MARKET STREET is located in SHIPDHAM, in the IP25 postcode district. The below map shows the position of No. 1 on MARKET STREET.