48, STANFORD ROAD, THETFORD, IP24 1FH - £157,000

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

48 STANFORD ROAD is a very small detached house of 77m², built sometime between 2003 and 2006. It was last sold for £157,000 in August 2013, which was around 27% below the average August 2013 detached price in the Breckland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

48 STANFORD ROAD Sold Prices

Land registry data shows two sales for 48 STANFORD 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 48 STANFORD 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
2013 2 AUG	£157,000	£215,006	27% below HPI
2006 4 AUG	£172,000	£212,328	19% below HPI

48 STANFORD 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 48 STANFORD ROAD sales from August 2006 and August 2013 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 48 STANFORD ROAD?

48 STANFORD ROAD is 77m² according to the EPC inspection conducted in September 2022. 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 48 STANFORD ROAD lies on this distribution: 13% of detached houses are smaller than 48 STANFORD ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Thetford.

48 STANFORD ROAD: Plot and Title Map

48 STANFORD ROAD sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 48 STANFORD 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 48 STANFORD 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 48 STANFORD ROAD?

48 STANFORD ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 48 on STANFORD ROAD.