16, BURNS CLOSE, THETFORD, IP24 1JY - £224,000

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.

16 BURNS CLOSE is a small extended terraced house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £253,956. It was last sold for £224,000 in May 2021, which was around 33% above the average May 2021 terraced price in the Breckland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

16 BURNS CLOSE Sold Prices

Land registry data shows three sales for 16 BURNS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Breckland local authority area for the corresponding sale date. All of the three 16 BURNS CLOSE 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
2021 21 MAY	£224,000	£168,932	33% above HPI
2013 1 NOV	£165,000	£113,951	45% above HPI
2001 23 MAR	£82,000	£47,651	72% above HPI

16 BURNS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Breckland local authority area over time, sourced from the HPI. The three 16 BURNS CLOSE sales between March 2001 and May 2021 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 2013 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 16 BURNS CLOSE be worth now?

16 BURNS CLOSE might now be worth an estimated £253,956.

This is based on house price inflation of 13.4%, between May 2021 and July 2025, for terraced 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 13.4% inflationary increase is applied to the most recent sale price for 16 BURNS CLOSE of £224,000 on 21st May 2021. For the value to have increased from £224,000 to £253,956 over the three years and ten months to July 2025, the following assumptions must hold true:

• The value of 16 BURNS CLOSE has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The May 2021 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BURNS CLOSE has not materially changed since May 2021.

How Large is 16 BURNS CLOSE?

16 BURNS CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% of terraced houses houses in Thetford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Thetford, and where 16 BURNS CLOSE lies on this distribution: 27% of terraced houses houses are smaller than 16 BURNS CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Thetford.

16 BURNS CLOSE: Plot and Title Map

16 BURNS CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 16 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 16 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 16 BURNS CLOSE?

16 BURNS CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 16 on BURNS CLOSE.