74B, MAGDALEN STREET, THETFORD, IP24 2BP - £188,000

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

74B MAGDALEN STREET is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £188,000 in July 2015, which was around 23% below the average July 2015 detached price in the Breckland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was B, and the potential energy rating was B.

74B MAGDALEN STREET Sold Prices

Land registry data shows two sales for 74B MAGDALEN STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 74B MAGDALEN STREET 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
2015 6 JUL	£188,000	£244,384	23% below HPI
2001 24 AUG	£86,000	£119,103	28% below HPI

74B MAGDALEN STREET 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 two 74B MAGDALEN STREET sales from August 2001 and July 2015 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 August 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 74B MAGDALEN STREET?

74B MAGDALEN STREET is 94m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 74B MAGDALEN STREET lies on this distribution: 29% of detached houses are smaller than 74B MAGDALEN STREET, and 70% of houses are larger. Note that EPC data is not available for all properties in Thetford.

74B MAGDALEN STREET: Plot and Title Map

74B MAGDALEN STREET sits on a plot of roughly 0.052 of an acre, or 208m². The below map shows the location of 74B MAGDALEN STREET, 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 74B MAGDALEN STREET). 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 74B MAGDALEN STREET?

74B MAGDALEN STREET is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 74B on MAGDALEN STREET.