50, MALLOW ROAD, THETFORD, IP24 2YD - £238,000

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

50 MALLOW ROAD is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £238,000 in February 2019, which was around 21% below the average February 2019 detached price in the Breckland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

50 MALLOW ROAD Sold Prices

Land registry data shows four sales for 50 MALLOW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 50 MALLOW 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
2019 8 FEB	£238,000	£300,411	21% below HPI
2007 9 JUL	£185,000	£231,363	20% below HPI
2004 22 DEC	£147,500	£204,741	28% below HPI
1996 15 NOV	£59,995	£67,854	12% below HPI

50 MALLOW 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 four 50 MALLOW ROAD sales between November 1996 and February 2019 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 July 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 50 MALLOW ROAD?

50 MALLOW ROAD is 75m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 50 MALLOW ROAD lies on this distribution: 10% of detached houses are smaller than 50 MALLOW ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Thetford.

50 MALLOW ROAD: Plot and Title Map

50 MALLOW ROAD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 50 MALLOW 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 50 MALLOW 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 50 MALLOW ROAD?

50 MALLOW ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 50 on MALLOW ROAD.