3, STANFORD ROAD, THETFORD, IP24 1FH - £168,000

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 STANFORD ROAD is a large extended detached house of 124m², built sometime between 2003 and 2006. It was last sold for £168,000 in September 2009, which was around 17% below the average September 2009 detached price in the Breckland local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

3 STANFORD ROAD Sold Prices

Land registry data shows two sales for 3 STANFORD ROAD 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 STANFORD ROAD 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
2009 18 SEP	£168,000	£203,213	17% below HPI
2006 6 DEC	£187,500	£216,429	13% below HPI

3 STANFORD ROAD 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 STANFORD ROAD sales from December 2006 and September 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 December 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2009 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 STANFORD ROAD?

3 STANFORD ROAD is 124m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 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 3 STANFORD ROAD lies on this distribution: 68% of detached houses are smaller than 3 STANFORD ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Thetford.

3 STANFORD ROAD: Plot and Title Map

3 STANFORD ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 3 STANFORD ROAD, 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 STANFORD ROAD). 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 STANFORD ROAD?

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