THATCHED COTTAGE, HARLING ROAD, GREAT HOCKHAM, THETFORD, IP24 1NT - £399,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THATCHED COTTAGE is a very small detached house of 64m², built sometime before 1900, which could now be worth an estimated £521,550. It was last sold for £399,950 in December 2016, which was around 41% above the average December 2016 detached price in the Breckland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

THATCHED COTTAGE Sold Prices

Land registry data shows five sales for THATCHED COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five THATCHED 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
2016 2 DEC	£399,950	£284,064	41% above HPI
2012 5 JUL	£290,000	£214,497	35% above HPI
2011 28 OCT	£325,000	£215,756	51% above HPI
2008 7 JUL	£338,750	£220,040	54% above HPI
2004 29 JUL	£299,995	£193,686	55% above HPI

THATCHED 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 five THATCHED COTTAGE sales between July 2004 and December 2016 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 July 2012 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2016 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might THATCHED COTTAGE be worth now?

THATCHED COTTAGE might now be worth an estimated £521,550.

This is based on house price inflation of 30.4%, between December 2016 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.4% inflationary increase is applied to the most recent sale price for THATCHED COTTAGE of £399,950 on 2nd December 2016. For the value to have increased from £399,950 to £521,550 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of THATCHED COTTAGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2016 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of THATCHED COTTAGE has not materially changed since December 2016.

How Large is THATCHED COTTAGE?

THATCHED COTTAGE is 64m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of detached houses houses in Great Hockham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Hockham, and where THATCHED COTTAGE lies on this distribution: 3% of detached houses houses are smaller than THATCHED COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Great Hockham.

THATCHED COTTAGE: Plot and Title Map

THATCHED COTTAGE sits on a plot of roughly 0.456 of an acre, or 1,844m². The below map shows the location of THATCHED 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 THATCHED 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 THATCHED COTTAGE?

THATCHED COTTAGE is located on HARLING ROAD in GREAT HOCKHAM, in the IP24 postcode district. The below map shows the position of THATCHED COTTAGE on HARLING ROAD.