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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE JAYS is a very large extended detached house of 207m², built sometime between 1996 and 2002, which could now be worth an estimated £569,254. It was last sold for £569,500 in July 2023, which was around 54% 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	£370,590	54% above HPI
2005 9 DEC	£330,000	£202,624	63% above HPI
2000 27 APR	£200,000	£95,468	109% 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 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the July 2023 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might THE JAYS be worth now?

THE JAYS might now be worth an estimated £569,254.

This is based on house price deflation of 0%, between July 2023 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 0% deflationary decrease is applied to the most recent sale price for THE JAYS of £569,500 on 7th July 2023. For the value to have decreased from £569,500 to £569,254 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of THE JAYS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2023 sale price of £569,500 represented a fair market value for the property.
• The size, condition, and specification of THE JAYS has not materially changed since July 2023.

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 houses in Stonebridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stonebridge, and where THE JAYS lies on this distribution: 88% of detached houses 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.