BRIDGE VIEW, GREEN LANE, THETFORD, IP24 2EX - £270,000

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

BRIDGE VIEW is a midsized extended detached house of 111m², built sometime between 1900 and 1929. It was last sold for £270,000 in November 2023, which was around 25% below the average November 2023 detached price in the Breckland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

BRIDGE VIEW Sold Prices

Land registry data shows three sales for BRIDGE VIEW 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. The three BRIDGE VIEW sales were a mix of below the average price, and roughly equal to 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
2023 21 NOV	£270,000	£359,168	25% below HPI
2010 12 MAR	£179,000	£211,250	15% below HPI
2000 30 OCT	£105,000	£104,914	Close to HPI

BRIDGE VIEW 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 BRIDGE VIEW sales between October 2000 and November 2023 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 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is BRIDGE VIEW?

BRIDGE VIEW is 111m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where BRIDGE VIEW lies on this distribution: 54% of detached houses are smaller than BRIDGE VIEW, and 46% of houses are larger. Note that EPC data is not available for all properties in Thetford.

BRIDGE VIEW: Plot and Title Map

BRIDGE VIEW sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of BRIDGE VIEW, 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 BRIDGE VIEW). 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 BRIDGE VIEW?

BRIDGE VIEW is located on GREEN LANE in THETFORD, in the IP24 postcode district. The below map shows the position of BRIDGE VIEW on GREEN LANE.