38A, NORWICH ROAD, THETFORD, IP24 2JE - £322,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38A NORWICH ROAD is a very small extended detached house of 80m², built sometime between 1976 and 1982. It was last sold for £322,500 in June 2021, which was around 1% above the average June 2021 detached price in the Breckland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

38A NORWICH ROAD Sold Prices

Land registry data shows two sales for 38A NORWICH 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. One of the two 38A NORWICH ROAD sales was for above the average price, whilst the other 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
2021 15 JUN	£322,500	£320,642	1% above HPI
2014 15 SEP	£170,000	£235,653	28% below HPI

38A NORWICH 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 38A NORWICH ROAD sales from September 2014 and June 2021 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 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 38A NORWICH ROAD?

38A NORWICH ROAD is 80m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 38A NORWICH ROAD lies on this distribution: 15% of detached houses are smaller than 38A NORWICH ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Thetford.

38A NORWICH ROAD: Plot and Title Map

38A NORWICH ROAD sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 38A NORWICH 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 38A NORWICH 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 38A NORWICH ROAD?

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