LIME COTTAGE, WATTON ROAD, THOMPSON, THETFORD, IP24 1PJ - £342,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LIME COTTAGE is a very large detached house of 208m², built sometime between 2003 and 2006. It was last sold for £342,500 in October 2015, which was around 35% above the average October 2015 detached price in the Breckland local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

LIME COTTAGE Sold Prices

Land registry data shows two sales for LIME COTTAGE 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 LIME COTTAGE 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
2015 27 OCT	£342,500	£254,575	35% above HPI
2006 17 AUG	£307,000	£212,328	45% above HPI

LIME 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 two LIME COTTAGE sales from August 2006 and October 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 2006 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is LIME COTTAGE?

LIME COTTAGE is 208m² according to the EPC inspection conducted in June 2009. This puts it in the largest 20% of detached houses in Thompson, based on EPC data. The below chart shows the distribution of detached houses by size in Thompson, and where LIME COTTAGE lies on this distribution: 83% of detached houses are smaller than LIME COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Thompson.

LIME COTTAGE: Plot and Title Map

LIME COTTAGE sits on a plot of roughly 0.175 of an acre, or 708m². The below map shows the location of LIME 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 LIME 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 LIME COTTAGE?

LIME COTTAGE is located on WATTON ROAD in THOMPSON, in the IP24 postcode district. The below map shows the position of LIME COTTAGE on WATTON ROAD.