56, MACKENZIE ROAD, THETFORD, IP24 3NH - £248,000

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

56 MACKENZIE ROAD is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £248,000 in June 2018, which was around 17% below the average June 2018 detached price in the Breckland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

56 MACKENZIE ROAD Sold Prices

Land registry data shows three sales for 56 MACKENZIE ROAD 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 56 MACKENZIE 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
2018 29 JUN	£248,000	£297,507	17% below HPI
2015 6 MAR	£150,000	£236,961	37% below HPI
2002 17 MAY	£88,000	£134,188	34% below HPI

56 MACKENZIE 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 three 56 MACKENZIE ROAD sales between May 2002 and June 2018 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 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 56 MACKENZIE ROAD?

56 MACKENZIE ROAD is 73m² according to the EPC inspection conducted in January 2015. 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 56 MACKENZIE ROAD lies on this distribution: 8% of detached houses are smaller than 56 MACKENZIE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Thetford.

56 MACKENZIE ROAD: Plot and Title Map

56 MACKENZIE ROAD sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 56 MACKENZIE 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 56 MACKENZIE 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 56 MACKENZIE ROAD?

56 MACKENZIE ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 56 on MACKENZIE ROAD.