15, SPEEDWELL CLOSE, THETFORD, IP24 2YQ - £320,000

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

15 SPEEDWELL CLOSE is a midsized detached house of 104m², built sometime between 1983 and 1990. It was last sold for £320,000 in June 2023, which was around 12% below the average June 2023 detached price in the Breckland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

15 SPEEDWELL CLOSE Sold Prices

Land registry data shows five sales for 15 SPEEDWELL CLOSE 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. Most of the five 15 SPEEDWELL 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
2023 12 JUN	£320,000	£363,317	12% below HPI
2012 30 NOV	£159,950	£209,861	24% below HPI
2001 8 OCT	£118,500	£125,665	6% below HPI
1999 17 DEC	£90,500	£92,766	2% below HPI
1995 9 JUN	£68,995	£64,235	7% above HPI

15 SPEEDWELL 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 five 15 SPEEDWELL CLOSE sales between June 1995 and June 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 November 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 15 SPEEDWELL CLOSE?

15 SPEEDWELL CLOSE is 104m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 15 SPEEDWELL CLOSE lies on this distribution: 43% of detached houses are smaller than 15 SPEEDWELL CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Thetford.

15 SPEEDWELL CLOSE: Plot and Title Map

15 SPEEDWELL CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 15 SPEEDWELL 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 15 SPEEDWELL 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 15 SPEEDWELL CLOSE?

15 SPEEDWELL CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 15 on SPEEDWELL CLOSE.