LA MOLINA, WATTON ROAD, WRETHAM, THETFORD, IP24 1QS - £470,000

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

LA MOLINA is a large detached house of 157m², built sometime between 1991 and 1995. It was last sold for £470,000 in January 2024, which was around 30% above the average January 2024 detached price in the Breckland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

LA MOLINA Sold Prices

Land registry data shows three sales for LA MOLINA 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. All of the three LA MOLINA 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
2024 26 JAN	£470,000	£361,494	30% above HPI
2020 7 FEB	£382,000	£297,163	29% above HPI
2000 11 AUG	£159,950	£103,006	55% above HPI

LA MOLINA 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 LA MOLINA sales between August 2000 and January 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 February 2020 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2024 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is LA MOLINA?

LA MOLINA is 157m² according to the EPC inspection conducted in June 2023. This puts it in the largest 40% of detached houses in Stonebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stonebridge, and where LA MOLINA lies on this distribution: 62% of detached houses are smaller than LA MOLINA, and 38% of houses are larger. Note that EPC data is not available for all properties in Stonebridge.

LA MOLINA: Plot and Title Map

LA MOLINA sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of LA MOLINA, 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 LA MOLINA). 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 LA MOLINA?

LA MOLINA is located on WATTON ROAD in WRETHAM, in the IP24 postcode district. The below map shows the position of LA MOLINA on WATTON ROAD.