4, ORCHARD WAY, THETFORD, IP24 2JF - £270,000

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

4 ORCHARD WAY is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £270,000 in July 2018, which was around 9% below the average July 2018 detached price in the Breckland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

4 ORCHARD WAY Sold Prices

Land registry data shows two sales for 4 ORCHARD WAY 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 4 ORCHARD WAY sales was for below the average price, whilst the other was for above 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
2018 6 JUL	£270,000	£295,487	9% below HPI
1995 9 NOV	£68,000	£67,581	1% above HPI

4 ORCHARD WAY 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 4 ORCHARD WAY sales from November 1995 and July 2018 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 November 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 ORCHARD WAY?

4 ORCHARD WAY is 56m² according to the EPC inspection conducted in July 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 4 ORCHARD WAY lies on this distribution: 1% of detached houses are smaller than 4 ORCHARD WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Thetford.

4 ORCHARD WAY: Plot and Title Map

4 ORCHARD WAY sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 4 ORCHARD WAY, 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 4 ORCHARD WAY). 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 4 ORCHARD WAY?

4 ORCHARD WAY is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 4 on ORCHARD WAY.