34A, MAGDALEN STREET, THETFORD, IP24 2BN - £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

34A MAGDALEN STREET is a very small extended detached house of 40m², built sometime between 1983 and 1990. It was last sold for £140,000 in August 2015, which was around 43% below the average August 2015 detached price in the Breckland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

34A MAGDALEN STREET Sold Prices

Land registry data shows four sales for 34A MAGDALEN STREET 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. All of the four 34A MAGDALEN STREET 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
2015 28 AUG	£140,000	£247,696	43% below HPI
2013 28 JUN	£118,000	£206,720	43% below HPI
2008 4 JAN	£136,500	£233,155	41% below HPI
1995 20 OCT	£34,000	£67,366	50% below HPI

34A MAGDALEN STREET 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 34A MAGDALEN STREET sales between October 1995 and August 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 June 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2015 sale, which was also at 43% below the HPI.

How Large is 34A MAGDALEN STREET?

34A MAGDALEN STREET is 40m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 34A MAGDALEN STREET lies on this distribution: Less than 1% of detached houses are smaller than 34A MAGDALEN STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Thetford.

34A MAGDALEN STREET: Plot and Title Map

34A MAGDALEN STREET sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 34A MAGDALEN STREET, 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 34A MAGDALEN STREET). 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 34A MAGDALEN STREET?

34A MAGDALEN STREET is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 34A on MAGDALEN STREET.