CORMORANT HOUSE, MAINE STREET, THETFORD, IP24 3PG - £303,000

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

CORMORANT HOUSE is a very large detached house of 157m². It was last sold for £303,000 in March 2021, which was around 7% below the average March 2021 detached price in the Breckland local authority area. The most recent EPC inspection was December 2012, where the current energy rating was B, and the potential energy rating was B.

CORMORANT HOUSE Sold Prices

Land registry data shows four sales for CORMORANT HOUSE 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. Most of the four CORMORANT HOUSE sales were for above 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
2021 22 MAR	£303,000	£325,840	7% below HPI
2017 6 JAN	£292,500	£282,501	4% above HPI
2014 21 JUL	£240,000	£229,472	5% above HPI
2012 3 DEC	£224,995	£208,790	8% above HPI

CORMORANT HOUSE 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 CORMORANT HOUSE sales between December 2012 and March 2021 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 January 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is CORMORANT HOUSE?

CORMORANT HOUSE is 157m² according to the EPC inspection conducted in December 2012. This puts it in the largest 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 CORMORANT HOUSE lies on this distribution: 88% of detached houses are smaller than CORMORANT HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Thetford.

CORMORANT HOUSE: Plot and Title Map

CORMORANT HOUSE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of CORMORANT HOUSE, 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 CORMORANT HOUSE). 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 CORMORANT HOUSE?

CORMORANT HOUSE is located on MAINE STREET in THETFORD, in the IP24 postcode district. The below map shows the position of CORMORANT HOUSE on MAINE STREET.