18, MERE CLOSE, SAHAM TONEY, THETFORD, IP25 7HS - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 MERE CLOSE is a large extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £265,000 in November 2016, which was around 6% below the average November 2016 detached price in the Breckland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

18 MERE CLOSE Sold Prices

Land registry data shows two sales for 18 MERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 18 MERE 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 11 NOV	£265,000	£280,926	6% below HPI
1995 31 JUL	£65,000	£65,729	1% below HPI

18 MERE 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 two 18 MERE CLOSE sales from July 1995 and November 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 July 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 18 MERE CLOSE?

18 MERE CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 40% of detached houses in Saham Toney, based on EPC data. The below chart shows the distribution of detached houses by size in Saham Toney, and where 18 MERE CLOSE lies on this distribution: 64% of detached houses are smaller than 18 MERE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Saham Toney.

18 MERE CLOSE: Plot and Title Map

18 MERE CLOSE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 18 MERE 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 18 MERE 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 18 MERE CLOSE?

18 MERE CLOSE is located in SAHAM TONEY, in the IP25 postcode district. The below map shows the position of No. 18 on MERE CLOSE.