14, SORREL DRIVE, THETFORD, IP24 2YJ - £220,000

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

14 SORREL DRIVE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £220,000 in May 2021, which was around 31% below the average May 2021 detached price in the Breckland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

14 SORREL DRIVE Sold Prices

Land registry data shows six sales for 14 SORREL DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the six 14 SORREL DRIVE 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
2021 14 MAY	£220,000	£319,769	31% below HPI
2014 2 MAY	£163,000	£228,376	29% below HPI
2008 29 FEB	£163,000	£230,251	29% below HPI
2005 18 NOV	£147,500	£200,916	27% below HPI
2004 19 MAY	£139,950	£185,877	25% below HPI
1998 8 MAY	£59,000	£75,146	21% below HPI

14 SORREL DRIVE 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 six 14 SORREL DRIVE sales between May 1998 and May 2021 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 May 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 SORREL DRIVE?

14 SORREL DRIVE is 69m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 14 SORREL DRIVE lies on this distribution: 5% of detached houses are smaller than 14 SORREL DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Thetford.

14 SORREL DRIVE: Plot and Title Map

14 SORREL DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 14 SORREL DRIVE, 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 14 SORREL DRIVE). 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 14 SORREL DRIVE?

14 SORREL DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 14 on SORREL DRIVE.