24, MONKSGATE, THETFORD, IP24 1BY - £284,000

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

24 MONKSGATE is a midsized extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £284,000 in September 2016, which was around 2% above the average September 2016 detached price in the Breckland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

24 MONKSGATE Sold Prices

Land registry data shows two sales for 24 MONKSGATE 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 24 MONKSGATE 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
2016 9 SEP	£284,000	£277,990	2% above HPI
2003 26 SEP	£175,000	£168,668	4% above HPI

24 MONKSGATE 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 24 MONKSGATE sales from September 2003 and September 2016 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 September 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 24 MONKSGATE?

24 MONKSGATE is 104m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 50% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 24 MONKSGATE lies on this distribution: 43% of detached houses are smaller than 24 MONKSGATE, and 55% of houses are larger. Note that EPC data is not available for all properties in Thetford.

24 MONKSGATE: Plot and Title Map

24 MONKSGATE sits on a plot of roughly 0.240 of an acre, or 973m². The below map shows the location of 24 MONKSGATE, 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 24 MONKSGATE). 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 24 MONKSGATE?

24 MONKSGATE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 24 on MONKSGATE.