SHANDON, VICARAGE ROAD, THETFORD, IP24 2LH - £420,000

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

SHANDON is a large extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £420,000 in June 2024, which was around 18% above the average June 2024 detached price in the Breckland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

SHANDON Sold Prices

Land registry data shows two sales for SHANDON 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. One of the two SHANDON sales was for above the average price, whilst the other was for below 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
2024 25 JUN	£420,000	£355,127	18% above HPI
2007 8 FEB	£210,000	£213,806	2% below HPI

SHANDON 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 SHANDON sales from February 2007 and June 2024 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 February 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2024 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is SHANDON?

SHANDON is 128m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where SHANDON lies on this distribution: 71% of detached houses are smaller than SHANDON, and 28% of houses are larger. Note that EPC data is not available for all properties in Thetford.

SHANDON: Plot and Title Map

SHANDON sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of SHANDON, 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 SHANDON). 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 SHANDON?

SHANDON is located on VICARAGE ROAD in THETFORD, in the IP24 postcode district. The below map shows the position of SHANDON on VICARAGE ROAD.