5, WAGTAIL WAY, THETFORD, IP24 3HR - £240,000

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 WAGTAIL WAY is a large extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £240,000 in January 2016, which was around 7% below the average January 2016 detached price in the Breckland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

5 WAGTAIL WAY Sold Prices

Land registry data shows three sales for 5 WAGTAIL WAY 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. Two of the three 5 WAGTAIL WAY sales were for below the average price, whilst one was for above 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 22 JAN	£240,000	£257,129	7% below HPI
2011 18 MAR	£180,000	£202,207	11% below HPI
1998 17 APR	£80,500	£75,005	7% above HPI

5 WAGTAIL WAY 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 WAGTAIL WAY sales between April 1998 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 March 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 5 WAGTAIL WAY?

5 WAGTAIL WAY is 118m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% 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 WAGTAIL WAY lies on this distribution: 63% of detached houses are smaller than 5 WAGTAIL WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Thetford.

5 WAGTAIL WAY: Plot and Title Map

5 WAGTAIL WAY sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 5 WAGTAIL WAY, 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 WAGTAIL WAY). 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 WAGTAIL WAY?

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