1, WINDMILL LANE, WRETHAM, THETFORD, IP24 1QR - £310,000

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 WINDMILL LANE is a large extended detached house of 158m², built sometime between 1983 and 1990, which could now be worth an estimated £530,327. It was last sold for £310,000 in December 2013, which was around 43% above the average December 2013 detached price in the Breckland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

1 WINDMILL LANE Sold Prices

Land registry data shows four sales for 1 WINDMILL LANE 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 WINDMILL LANE 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
2013 6 DEC	£310,000	£216,533	43% above HPI
2006 19 JUN	£153,000	£210,416	27% below HPI
2003 14 APR	£123,000	£163,891	25% below HPI
1995 25 MAY	£16,375	£64,610	75% below HPI

1 WINDMILL LANE 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 WINDMILL LANE sales between May 1995 and December 2013 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 June 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2013 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 1 WINDMILL LANE be worth now?

1 WINDMILL LANE might now be worth an estimated £530,327.

This is based on house price inflation of 71.1%, between December 2013 and February 2025, 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 71.1% inflationary increase is applied to the most recent sale price for 1 WINDMILL LANE of £310,000 on 6th December 2013. For the value to have increased from £310,000 to £530,327 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 WINDMILL LANE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2013 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WINDMILL LANE has not materially changed since December 2013.

How Large is 1 WINDMILL LANE?

1 WINDMILL LANE is 158m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses houses in Stonebridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stonebridge, and where 1 WINDMILL LANE lies on this distribution: 65% of detached houses houses are smaller than 1 WINDMILL LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Stonebridge.

1 WINDMILL LANE: Plot and Title Map

1 WINDMILL LANE sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of 1 WINDMILL LANE, 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 WINDMILL LANE). 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 WINDMILL LANE?

1 WINDMILL LANE is located in WRETHAM, in the IP24 postcode district. The below map shows the position of No. 1 on WINDMILL LANE.