5, GEORGE ROAD, THETFORD, IP24 2UD - £235,000

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

5 GEORGE ROAD is a midsized detached house of 113m², built sometime between 2003 and 2006. It was last sold for £235,000 in June 2016, which was around 13% below the average June 2016 detached price in the Breckland local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

5 GEORGE ROAD Sold Prices

Land registry data shows two sales for 5 GEORGE 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 5 GEORGE 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
2016 1 JUN	£235,000	£269,131	13% below HPI
2005 23 NOV	£193,420	£200,916	4% below HPI

5 GEORGE 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 5 GEORGE ROAD sales from November 2005 and June 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 November 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 GEORGE ROAD?

5 GEORGE ROAD is 113m² according to the EPC inspection conducted in November 2009. This puts it in the largest 50% 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 GEORGE ROAD lies on this distribution: 58% of detached houses are smaller than 5 GEORGE ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Thetford.

5 GEORGE ROAD: Plot and Title Map

5 GEORGE ROAD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 5 GEORGE 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 5 GEORGE 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 5 GEORGE ROAD?

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