5, ETHELREDA DRIVE, THETFORD, IP24 2UB - £280,000

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

5 ETHELREDA DRIVE is a small extended detached house of 85m², built sometime between 2003 and 2006. It was last sold for £280,000 in August 2022, which was around 24% below the average August 2022 detached price in the Breckland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

5 ETHELREDA DRIVE Sold Prices

Land registry data shows three sales for 5 ETHELREDA DRIVE 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. All of the three 5 ETHELREDA DRIVE 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
2022 22 AUG	£280,000	£367,571	24% below HPI
2011 28 APR	£145,000	£201,453	28% below HPI
2005 20 JUN	£150,000	£198,353	24% below HPI

5 ETHELREDA DRIVE 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 5 ETHELREDA DRIVE sales between June 2005 and August 2022 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 April 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 ETHELREDA DRIVE?

5 ETHELREDA DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 5 ETHELREDA DRIVE lies on this distribution: 20% of detached houses are smaller than 5 ETHELREDA DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Thetford.

5 ETHELREDA DRIVE: Plot and Title Map

5 ETHELREDA DRIVE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 5 ETHELREDA DRIVE, 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 5 ETHELREDA DRIVE). 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 5 ETHELREDA DRIVE?

5 ETHELREDA DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 5 on ETHELREDA DRIVE.