48, THE GLADE, THETFORD, IP24 1JR - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 THE GLADE is a very small detached house of 62m², built sometime between 1930 and 1949. It was last sold for £175,000 in January 2016, which was around 32% below the average January 2016 detached price in the Breckland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

48 THE GLADE Sold Prices

Land registry data shows two sales for 48 THE GLADE 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 THE GLADE 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
2016 11 JAN	£175,000	£257,129	32% below HPI
1999 20 AUG	£67,500	£85,736	21% below HPI

48 THE GLADE 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 THE GLADE sales from August 1999 and January 2016 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 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 48 THE GLADE?

48 THE GLADE is 62m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 THE GLADE lies on this distribution: 2% of detached houses are smaller than 48 THE GLADE, and 98% of houses are larger. Note that EPC data is not available for all properties in Thetford.

48 THE GLADE: Plot and Title Map

48 THE GLADE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 48 THE GLADE, 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 THE GLADE). 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 THE GLADE?

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