4, THE WRENS, THETFORD, IP24 2YW - £385,000

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 THE WRENS is a very large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £385,000 in January 2022, which was around 8% above the average January 2022 detached price in the Breckland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

4 THE WRENS Sold Prices

Land registry data shows three sales for 4 THE WRENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 4 THE WRENS sales were 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
2022 7 JAN	£385,000	£356,742	8% above HPI
1999 25 AUG	£130,000	£85,736	52% above HPI
1996 18 APR	£89,000	£65,468	36% above HPI

4 THE WRENS 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 three 4 THE WRENS sales between April 1996 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 August 1999 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the January 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 THE WRENS?

4 THE WRENS is 148m² according to the EPC inspection conducted in November 2021. 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 4 THE WRENS lies on this distribution: 83% of detached houses are smaller than 4 THE WRENS, and 16% of houses are larger. Note that EPC data is not available for all properties in Thetford.

4 THE WRENS: Plot and Title Map

4 THE WRENS sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 4 THE WRENS, 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 THE WRENS). 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 THE WRENS?

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