1, THE WRENS, THETFORD, IP24 2YW - £155,000

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 THE WRENS is a large detached house of 139m², built sometime between 1996 and 2002. It was last sold for £155,000 in September 2001, which was around 28% above the average September 2001 detached price in the Breckland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

1 THE WRENS Sold Prices

Land registry data shows two sales for 1 THE WRENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 1 THE WRENS 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
2001 28 SEP	£155,000	£121,300	28% above HPI
1999 30 APR	£120,500	£80,292	50% above HPI

1 THE WRENS 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 two 1 THE WRENS sales from April 1999 and September 2001 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 1999 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2001 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 1 THE WRENS?

1 THE WRENS is 139m² according to the EPC inspection conducted in July 2019. This puts it in the largest 30% 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 THE WRENS lies on this distribution: 77% of detached houses are smaller than 1 THE WRENS, and 23% of houses are larger. Note that EPC data is not available for all properties in Thetford.

1 THE WRENS: Plot and Title Map

1 THE WRENS sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 1 THE WRENS, 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 THE WRENS). 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 THE WRENS?

1 THE WRENS is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 1 on THE WRENS.