21, SORREL DRIVE, THETFORD, IP24 2YJ - £140,000

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

21 SORREL DRIVE is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £140,000 in July 2006, which was around 34% below the average July 2006 detached price in the Breckland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

21 SORREL DRIVE Sold Prices

Land registry data shows four sales for 21 SORREL DRIVE 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 21 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
2006 28 JUL	£140,000	£210,947	34% below HPI
2005 7 DEC	£160,000	£201,059	20% below HPI
2002 4 JAN	£112,000	£121,782	8% below HPI
1995 10 MAR	£68,495	£65,922	4% above HPI

21 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 four 21 SORREL DRIVE sales between March 1995 and July 2006 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2006 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 21 SORREL DRIVE?

21 SORREL DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 21 SORREL DRIVE lies on this distribution: 38% of detached houses are smaller than 21 SORREL DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Thetford.

21 SORREL DRIVE: Plot and Title Map

21 SORREL DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 21 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 21 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 21 SORREL DRIVE?

21 SORREL DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 21 on SORREL DRIVE.