RIVERSIDE, CASTLE LANE, THETFORD, IP24 2ER - £557,000

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

RIVERSIDE is a very large extended detached house of 175m², built sometime between 1967 and 1975. It was last sold for £557,000 in June 2022, which was around 54% above the average June 2022 detached price in the Breckland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

RIVERSIDE Sold Prices

Land registry data shows two sales for RIVERSIDE 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 RIVERSIDE 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
2022 16 JUN	£557,000	£361,806	54% above HPI
1996 28 JUN	£90,000	£64,006	41% above HPI

RIVERSIDE 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 RIVERSIDE sales from June 1996 and June 2022 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 1996 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2022 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is RIVERSIDE?

RIVERSIDE is 175m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where RIVERSIDE lies on this distribution: 94% of detached houses are smaller than RIVERSIDE, and 6% of houses are larger. Note that EPC data is not available for all properties in Thetford.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.483 of an acre, or 1,955m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

RIVERSIDE is located on CASTLE LANE in THETFORD, in the IP24 postcode district. The below map shows the position of RIVERSIDE on CASTLE LANE.