31, ABBEYGATE, THETFORD, IP24 1AX - £255,000

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

31 ABBEYGATE is a very large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £255,000 in July 2015, which was around 4% above the average July 2015 detached price in the Breckland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

31 ABBEYGATE Sold Prices

Land registry data shows four sales for 31 ABBEYGATE 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. Two of the four 31 ABBEYGATE sales were for above the average price, whilst one 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
2015 8 JUL	£255,000	£244,384	4% above HPI
2010 22 DEC	£205,000	£204,673	Close to HPI
2010 26 OCT	£135,000	£208,903	35% below HPI
1996 29 OCT	£72,500	£68,865	5% above HPI

31 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 four 31 ABBEYGATE sales between October 1996 and July 2015 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 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 31 ABBEYGATE?

31 ABBEYGATE is 149m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 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 31 ABBEYGATE lies on this distribution: 84% of detached houses are smaller than 31 ABBEYGATE, and 15% of houses are larger. Note that EPC data is not available for all properties in Thetford.

31 ABBEYGATE: Plot and Title Map

31 ABBEYGATE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 31 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 31 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 31 ABBEYGATE?

31 ABBEYGATE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 31 on ABBEYGATE.