1, TELEPHONE EXCHANGE, NORWICH ROAD, THETFORD, IP24 2JJ - £335,000

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

1 TELEPHONE EXCHANGE is a very large detached house of 190m², built sometime between 1983 and 1990. It was last sold for £335,000 in January 2016, which was around 30% above the average January 2016 detached price in the Breckland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

1 TELEPHONE EXCHANGE Sold Prices

Land registry data shows three sales for 1 TELEPHONE EXCHANGE 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. All of the three 1 TELEPHONE EXCHANGE 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
2016 29 JAN	£335,000	£257,129	30% above HPI
2006 10 JAN	£270,000	£200,656	35% above HPI
1996 20 SEP	£106,000	£66,642	59% above HPI

1 TELEPHONE EXCHANGE 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 TELEPHONE EXCHANGE sales between September 1996 and January 2016 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 January 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2016 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 1 TELEPHONE EXCHANGE?

1 TELEPHONE EXCHANGE is 190m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 1 TELEPHONE EXCHANGE lies on this distribution: 96% of detached houses are smaller than 1 TELEPHONE EXCHANGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Thetford.

1 TELEPHONE EXCHANGE: Plot and Title Map

1 TELEPHONE EXCHANGE sits on a plot of roughly 0.245 of an acre, or 991m². The below map shows the location of 1 TELEPHONE EXCHANGE, 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 TELEPHONE EXCHANGE). 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 TELEPHONE EXCHANGE?

1 TELEPHONE EXCHANGE is located on NORWICH ROAD in THETFORD, in the IP24 postcode district. The below map shows the position of 1 TELEPHONE EXCHANGE on NORWICH ROAD.