14, BURNS CLOSE, THETFORD, IP24 1JY - £169,000

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

14 BURNS CLOSE is a small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £169,000 in January 2016, which was around 34% below the average January 2016 detached price in the Breckland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

14 BURNS CLOSE Sold Prices

Land registry data shows four sales for 14 BURNS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 14 BURNS CLOSE sales were 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
2016 28 JAN	£169,000	£257,129	34% below HPI
2005 9 NOV	£135,000	£200,916	33% below HPI
2005 7 JAN	£149,500	£204,545	27% below HPI
2004 11 MAY	£130,000	£185,877	30% below HPI

14 BURNS 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 four 14 BURNS CLOSE sales between May 2004 and January 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 November 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 14 BURNS CLOSE?

14 BURNS CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 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 14 BURNS CLOSE lies on this distribution: 20% of detached houses are smaller than 14 BURNS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Thetford.

14 BURNS CLOSE: Plot and Title Map

14 BURNS CLOSE sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 14 BURNS 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 14 BURNS 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 14 BURNS CLOSE?

14 BURNS CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 14 on BURNS CLOSE.