1, BENET CLOSE, THETFORD, IP24 2UA - £325,000

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.

1 BENET CLOSE is a midsized detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £336,950. It was last sold for £325,000 in January 2022, which was around 10% below the average January 2022 detached price in the Breckland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

1 BENET CLOSE Sold Prices

Land registry data shows three sales for 1 BENET CLOSE 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. One of the three 1 BENET CLOSE sales was for below the average price, whilst two 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 5 JAN	£325,000	£359,519	10% below HPI
2015 27 FEB	£243,000	£240,705	1% above HPI
2006 20 APR	£209,950	£204,103	3% above HPI

1 BENET CLOSE 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 1 BENET CLOSE sales between April 2006 and January 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 February 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 BENET CLOSE be worth now?

1 BENET CLOSE might now be worth an estimated £336,950.

This is based on house price inflation of 3.7%, between January 2022 and March 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 3.7% inflationary increase is applied to the most recent sale price for 1 BENET CLOSE of £325,000 on 5th January 2022. For the value to have increased from £325,000 to £336,950 over the two years and ten months to March 2025, the following assumptions must hold true:

• The value of 1 BENET CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BENET CLOSE has not materially changed since January 2022.

How Large is 1 BENET CLOSE?

1 BENET CLOSE is 112m² according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thetford, and where 1 BENET CLOSE lies on this distribution: 54% of detached houses houses are smaller than 1 BENET CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Thetford.

1 BENET CLOSE: Plot and Title Map

1 BENET CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 1 BENET CLOSE, 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 1 BENET CLOSE). 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 1 BENET CLOSE?

1 BENET CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 1 on BENET CLOSE.