1, WAGTAIL WAY, THETFORD, IP24 3HR - £182,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WAGTAIL WAY is a small detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £324,654. It was last sold for £182,000 in August 2011, which was around 12% below the average August 2011 detached price in the Breckland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

1 WAGTAIL WAY Sold Prices

Land registry data shows four sales for 1 WAGTAIL WAY 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 1 WAGTAIL WAY sales 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
2011 3 AUG	£182,000	£206,245	12% below HPI
2007 3 DEC	£206,000	£235,430	13% below HPI
2005 14 OCT	£185,000	£206,292	10% below HPI
1998 24 APR	£78,000	£75,588	3% above HPI

1 WAGTAIL WAY 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 1 WAGTAIL WAY sales between April 1998 and August 2011 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 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 WAGTAIL WAY be worth now?

1 WAGTAIL WAY might now be worth an estimated £324,654.

This is based on house price inflation of 78.4%, between August 2011 and December 2024, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.4% inflationary increase is applied to the most recent sale price for 1 WAGTAIL WAY of £182,000 on 3rd August 2011. For the value to have increased from £182,000 to £324,654 over the twelve years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 WAGTAIL WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2011 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WAGTAIL WAY has not materially changed since August 2011.

How Large is 1 WAGTAIL WAY?

1 WAGTAIL WAY is 99m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 40% of detached houses houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thetford, and where 1 WAGTAIL WAY lies on this distribution: 36% of detached houses houses are smaller than 1 WAGTAIL WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Thetford.

1 WAGTAIL WAY: Plot and Title Map

1 WAGTAIL WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 1 WAGTAIL WAY, 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 WAGTAIL WAY). 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 WAGTAIL WAY?

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