THE JAYS, WATTON ROAD, WRETHAM, THETFORD, IP24 1QS - £569,500

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

THE JAYS is a very large extended detached house of 207m², built sometime between 1996 and 2002. It was last sold for £569,500 in July 2023, which was around 55% above the average July 2023 detached price in the Breckland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

THE JAYS Sold Prices

Land registry data shows three sales for THE JAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three THE JAYS 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
2023 7 JUL	£569,500	£367,727	55% above HPI
2005 9 DEC	£330,000	£201,059	64% above HPI
2000 27 APR	£200,000	£94,730	111% above HPI

THE JAYS 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 three THE JAYS sales between April 2000 and July 2023 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 December 2005 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the July 2023 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is THE JAYS?

THE JAYS is 207m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 20% of detached houses in Stonebridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stonebridge, and where THE JAYS lies on this distribution: 88% of detached houses are smaller than THE JAYS, and 12% of houses are larger. Note that EPC data is not available for all properties in Stonebridge.

THE JAYS: Plot and Title Map

THE JAYS sits on a plot of roughly 0.555 of an acre, or 2,246m². The below map shows the location of THE JAYS, 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 THE JAYS). 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 THE JAYS?

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