40, NORWICH ROAD, THETFORD, IP24 2JE - £360,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 NORWICH ROAD is a large extended detached house of 135m², built sometime between 1930 and 1949, which could now be worth an estimated £369,727. It was last sold for £360,000 in November 2024, which was around 1% below the average November 2024 detached price in the Breckland local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

40 NORWICH ROAD Sold Prices

Land registry data shows two sales for 40 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. Both of the two 40 NORWICH 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
2024 29 NOV	£360,000	£362,932	1% below HPI
1995 8 SEP	£59,000	£68,874	14% below HPI

40 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 40 NORWICH ROAD sales from September 1995 and November 2024 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 1995 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 40 NORWICH ROAD be worth now?

40 NORWICH ROAD might now be worth an estimated £369,727.

This is based on house price inflation of 2.7%, between November 2024 and March 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% inflationary increase is applied to the most recent sale price for 40 NORWICH ROAD of £360,000 on 29th November 2024. For the value to have increased from £360,000 to £369,727 over the one year and eight months to March 2025, the following assumptions must hold true:

• The value of 40 NORWICH ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2024 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 40 NORWICH ROAD has not materially changed since November 2024.

How Large is 40 NORWICH ROAD?

40 NORWICH ROAD is 135m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 30% of detached houses houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thetford, and where 40 NORWICH ROAD lies on this distribution: 75% of detached houses houses are smaller than 40 NORWICH ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Thetford.

40 NORWICH ROAD: Plot and Title Map

40 NORWICH ROAD sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of 40 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 40 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 40 NORWICH ROAD?

40 NORWICH ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 40 on NORWICH ROAD.