38, MALLOW ROAD, THETFORD, IP24 2YD - £293,250

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

38 MALLOW ROAD is a small detached house of 92m², built sometime between 1991 and 1995. It was last sold for £293,250 in January 2022, which was around 18% below the average January 2022 detached price in the Breckland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

38 MALLOW ROAD Sold Prices

Land registry data shows four sales for 38 MALLOW ROAD 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 38 MALLOW 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
2022 27 JAN	£293,250	£356,742	18% below HPI
2017 6 OCT	£230,000	£293,044	22% below HPI
2006 15 SEP	£179,000	£214,822	17% below HPI
2000 23 JUN	£98,000	£99,774	2% below HPI

38 MALLOW 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 four 38 MALLOW ROAD sales between June 2000 and January 2022 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 October 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 38 MALLOW ROAD?

38 MALLOW ROAD is 92m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 38 MALLOW ROAD lies on this distribution: 28% of detached houses are smaller than 38 MALLOW ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Thetford.

38 MALLOW ROAD: Plot and Title Map

38 MALLOW ROAD sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 38 MALLOW 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 38 MALLOW 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 38 MALLOW ROAD?

38 MALLOW ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 38 on MALLOW ROAD.