40, HALE ROAD, BRADENHAM, THETFORD, IP25 7RA - £220,000

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

40 HALE ROAD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £220,000 in May 2021, which was around 31% below the average May 2021 detached price in the Breckland local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was A.

40 HALE ROAD Sold Prices

Land registry data shows two sales for 40 HALE 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. Both of the two 40 HALE 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
2021 28 MAY	£220,000	£319,769	31% below HPI
1998 5 NOV	£54,000	£79,638	32% below HPI

40 HALE 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 40 HALE ROAD sales from November 1998 and May 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 November 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 40 HALE ROAD?

40 HALE ROAD is 70m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of detached houses in Bradenham, based on EPC data. The below chart shows the distribution of detached houses by size in Bradenham, and where 40 HALE ROAD lies on this distribution: Less than 1% of detached houses are smaller than 40 HALE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bradenham.

40 HALE ROAD: Plot and Title Map

40 HALE ROAD sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 40 HALE 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 40 HALE 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 40 HALE ROAD?

40 HALE ROAD is located in BRADENHAM, in the IP25 postcode district. The below map shows the position of No. 40 on HALE ROAD.