5, HEARTSEASE ROAD, THETFORD, IP24 2YH - £220,000

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 HEARTSEASE ROAD is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £220,000 in March 2021, which was around 32% below the average March 2021 detached price in the Breckland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

5 HEARTSEASE ROAD Sold Prices

Land registry data shows five sales for 5 HEARTSEASE ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 5 HEARTSEASE 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
2021 5 MAR	£220,000	£325,840	32% below HPI
2008 23 MAY	£160,000	£225,143	29% below HPI
2003 3 SEP	£130,000	£168,668	23% below HPI
1998 21 DEC	£60,000	£78,023	23% below HPI
1997 24 JUL	£55,575	£72,506	23% below HPI

5 HEARTSEASE 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 five 5 HEARTSEASE ROAD sales between July 1997 and March 2021 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 May 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 HEARTSEASE ROAD?

5 HEARTSEASE ROAD is 68m² according to the EPC inspection conducted in September 2020. 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 5 HEARTSEASE ROAD lies on this distribution: 4% of detached houses are smaller than 5 HEARTSEASE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Thetford.

5 HEARTSEASE ROAD: Plot and Title Map

5 HEARTSEASE ROAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 5 HEARTSEASE 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 HEARTSEASE 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 HEARTSEASE ROAD?

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