68, REDGATE, THETFORD, IP24 2HB - £295,000

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

68 REDGATE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £295,000 in July 2024, which was around 17% below the average July 2024 detached price in the Breckland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

68 REDGATE Sold Prices

Land registry data shows five sales for 68 REDGATE 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 68 REDGATE 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
2024 12 JUL	£295,000	£356,703	17% below HPI
2021 30 JUN	£310,000	£320,642	3% below HPI
2020 12 MAR	£273,000	£303,107	10% below HPI
2011 20 JAN	£160,000	£205,061	22% below HPI
2008 25 APR	£164,250	£223,470	27% below HPI

68 REDGATE 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 68 REDGATE sales between April 2008 and July 2024 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 June 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 68 REDGATE?

68 REDGATE is 75m² according to the EPC inspection conducted in November 2019. 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 68 REDGATE lies on this distribution: 10% of detached houses are smaller than 68 REDGATE, and 89% of houses are larger. Note that EPC data is not available for all properties in Thetford.

68 REDGATE: Plot and Title Map

68 REDGATE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 68 REDGATE, 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 68 REDGATE). 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 68 REDGATE?

68 REDGATE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 68 on REDGATE.