REFLECTIONS, HALE ROAD, BRADENHAM, THETFORD, IP25 7RA - £438,000

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

REFLECTIONS is a very large extended detached house of 276m², built sometime between 1976 and 1982. It was last sold for £438,000 in June 2017, which was around 54% above the average June 2017 detached price in the Breckland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was D.

REFLECTIONS Sold Prices

Land registry data shows four sales for REFLECTIONS 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 REFLECTIONS 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
2017 30 JUN	£438,000	£285,012	54% above HPI
2009 5 JUN	£245,000	£193,724	26% above HPI
2007 26 JAN	£267,500	£216,028	24% above HPI
1996 28 MAY	£90,000	£64,695	39% above HPI

REFLECTIONS 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 REFLECTIONS sales between May 1996 and June 2017 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 2009 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2017 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is REFLECTIONS?

REFLECTIONS is 276m², which includes four extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in Bradenham, based on EPC data. The below chart shows the distribution of detached houses by size in Bradenham, and where REFLECTIONS lies on this distribution: 98% of detached houses are smaller than REFLECTIONS, and 2% of houses are larger. Note that EPC data is not available for all properties in Bradenham.

REFLECTIONS: Plot and Title Map

REFLECTIONS sits on a plot of roughly 0.597 of an acre, or 2,418m². The below map shows the location of REFLECTIONS, 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 REFLECTIONS). 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 REFLECTIONS?

REFLECTIONS is located on HALE ROAD in BRADENHAM, in the IP25 postcode district. The below map shows the position of REFLECTIONS on HALE ROAD.