OAK COTTAGE, MARLPIT ROAD, THOMPSON, THETFORD, IP24 1PR - £532,500

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

OAK COTTAGE is a very large detached house of 235m², built sometime between 1991 and 1995. It was last sold for £532,500 in November 2020, which was around 69% above the average November 2020 detached price in the Breckland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

OAK COTTAGE Sold Prices

Land registry data shows four sales for OAK COTTAGE 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. All of the four OAK 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
2020 16 NOV	£532,500	£314,994	69% above HPI
2011 26 AUG	£357,500	£204,652	75% above HPI
2003 4 DEC	£290,000	£176,634	64% above HPI
1996 3 JUL	£110,000	£64,075	72% above HPI

OAK 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 four OAK COTTAGE sales between July 1996 and November 2020 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 2011 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the November 2020 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is OAK COTTAGE?

OAK COTTAGE is 235m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Thompson, based on EPC data. The below chart shows the distribution of detached houses by size in Thompson, and where OAK COTTAGE lies on this distribution: 97% of detached houses are smaller than OAK COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Thompson.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.404 of an acre, or 1,636m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

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