45, MONKSGATE, THETFORD, IP24 1BY - £250,000

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

45 MONKSGATE is a very large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £250,000 in May 2015, which was around 4% above the average May 2015 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.

45 MONKSGATE Sold Prices

Land registry data shows three sales for 45 MONKSGATE 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. The three 45 MONKSGATE sales were a mix of above the average price, and roughly equal to 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
2015 5 MAY	£250,000	£240,161	4% above HPI
2012 29 JUN	£208,000	£207,446	Close to HPI
2004 13 APR	£202,000	£182,156	11% above HPI

45 MONKSGATE 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 45 MONKSGATE sales between April 2004 and May 2015 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 June 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 45 MONKSGATE?

45 MONKSGATE is 143m², which includes two extensions, according to the EPC inspection conducted in July 2011. 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 45 MONKSGATE lies on this distribution: 80% of detached houses are smaller than 45 MONKSGATE, and 20% of houses are larger. Note that EPC data is not available for all properties in Thetford.

45 MONKSGATE: Plot and Title Map

45 MONKSGATE sits on a plot of roughly 0.184 of an acre, or 745m². The below map shows the location of 45 MONKSGATE, 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 45 MONKSGATE). 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 45 MONKSGATE?

45 MONKSGATE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 45 on MONKSGATE.