OAK HOUSE, WATTON ROAD, WRETHAM, THETFORD, IP24 1QS - £325,000

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

OAK HOUSE is a midsized extended detached house of 143m², built sometime between 1983 and 1990. It was last sold for £325,000 in November 2018, which was around 8% above the average November 2018 detached price in the Breckland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

OAK HOUSE Sold Prices

Land registry data shows two sales for OAK HOUSE 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 OAK 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
2018 30 NOV	£325,000	£301,278	8% above HPI
1996 31 MAY	£76,500	£64,695	18% above HPI

OAK 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 two OAK HOUSE sales from May 1996 and November 2018 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 May 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 143m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of detached houses in Stonebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stonebridge, and where OAK HOUSE lies on this distribution: 58% of detached houses are smaller than OAK HOUSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Stonebridge.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of OAK 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 OAK 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 OAK HOUSE?

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