3, ABBEYGATE, THETFORD, IP24 1AX - £140,000

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

3 ABBEYGATE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £140,000 in January 2006, which was around 30% below the average January 2006 detached price in the Breckland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

3 ABBEYGATE Sold Prices

Land registry data shows two sales for 3 ABBEYGATE 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 3 ABBEYGATE 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 24 JAN	£140,000	£200,656	30% below HPI
2004 16 SEP	£103,150	£189,097	45% below HPI

3 ABBEYGATE 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 3 ABBEYGATE sales from September 2004 and January 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 September 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2006 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 ABBEYGATE?

3 ABBEYGATE is 75m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 3 ABBEYGATE lies on this distribution: 11% of detached houses are smaller than 3 ABBEYGATE, and 89% of houses are larger. Note that EPC data is not available for all properties in Thetford.

3 ABBEYGATE: Plot and Title Map

3 ABBEYGATE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 3 ABBEYGATE, 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 3 ABBEYGATE). 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 3 ABBEYGATE?

3 ABBEYGATE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 3 on ABBEYGATE.