GLEBE COTTAGE, CHURCH STREET, ASHILL, THETFORD, IP25 7AW - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GLEBE COTTAGE is a very small detached house of 49m², built sometime between 1950 and 1966, which could now be worth an estimated £377,556. It was last sold for £370,000 in March 2022, which was around 2% above the average March 2022 detached price in the Breckland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was F, and the potential energy rating was B.

GLEBE COTTAGE Sold Prices

Land registry data shows three sales for GLEBE COTTAGE 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. One of the three GLEBE COTTAGE sales was for above the average price, whilst two 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
2022 18 MAR	£370,000	£363,017	2% above HPI
2011 22 JUN	£168,000	£202,144	17% below HPI
1996 19 DEC	£63,000	£70,477	11% below HPI

GLEBE COTTAGE 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 GLEBE COTTAGE sales between December 1996 and March 2022 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 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might GLEBE COTTAGE be worth now?

GLEBE COTTAGE might now be worth an estimated £377,556.

This is based on house price inflation of 2%, between March 2022 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for GLEBE COTTAGE of £370,000 on 18th March 2022. For the value to have increased from £370,000 to £377,556 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of GLEBE COTTAGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of GLEBE COTTAGE has not materially changed since March 2022.

How Large is GLEBE COTTAGE?

GLEBE COTTAGE is 49m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses houses in Ashill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashill, and where GLEBE COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than GLEBE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ashill.

GLEBE COTTAGE: Plot and Title Map

GLEBE COTTAGE sits on a plot of roughly 7.1 acres, or 28,556m². The below map shows the location of GLEBE COTTAGE, 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 GLEBE COTTAGE). 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 GLEBE COTTAGE?

GLEBE COTTAGE is located on CHURCH STREET in ASHILL, in the IP25 postcode district. The below map shows the position of GLEBE COTTAGE on CHURCH STREET.