44, REDGATE, THETFORD, IP24 2HA - £225,000

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

44 REDGATE is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £225,000 in August 2019, which was around 25% below the average August 2019 detached price in the Breckland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

44 REDGATE Sold Prices

Land registry data shows four sales for 44 REDGATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 44 REDGATE 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
2019 9 AUG	£225,000	£300,062	25% below HPI
2002 31 OCT	£129,000	£154,346	16% below HPI
1997 7 FEB	£53,000	£69,460	24% below HPI
1995 12 SEP	£51,000	£68,341	25% below HPI

44 REDGATE 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 four 44 REDGATE sales between September 1995 and August 2019 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 October 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 44 REDGATE?

44 REDGATE is 82m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 44 REDGATE lies on this distribution: 17% of detached houses are smaller than 44 REDGATE, and 82% of houses are larger. Note that EPC data is not available for all properties in Thetford.

44 REDGATE: Plot and Title Map

44 REDGATE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 44 REDGATE, 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 44 REDGATE). 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 44 REDGATE?

44 REDGATE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 44 on REDGATE.