28, MONKSGATE, THETFORD, IP24 1BY - £204,000

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

28 MONKSGATE is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £204,000 in August 2009, which was around 4% above the average August 2009 detached price in the Breckland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

28 MONKSGATE Sold Prices

Land registry data shows two sales for 28 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. One of the two 28 MONKSGATE sales was for above the average price, whilst the other was 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
2009 21 AUG	£204,000	£195,799	4% above HPI
2005 8 JUL	£155,000	£198,807	22% below HPI

28 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 28 MONKSGATE sales from July 2005 and August 2009 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 July 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2009 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 28 MONKSGATE?

28 MONKSGATE is 127m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 28 MONKSGATE lies on this distribution: 70% of detached houses are smaller than 28 MONKSGATE, and 29% of houses are larger. Note that EPC data is not available for all properties in Thetford.

28 MONKSGATE: Plot and Title Map

28 MONKSGATE sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of 28 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 28 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 28 MONKSGATE?

28 MONKSGATE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 28 on MONKSGATE.