2, MARTINS CLOSE, SAHAM TONEY, THETFORD, IP25 7EQ - £475,000

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.

2 MARTINS CLOSE is a large detached house of 149m², built sometime between 2003 and 2006, which could now be worth an estimated £474,996. It was last sold for £475,000 in August 2022, which was around 28% above the average August 2022 detached price in the Breckland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was B, and the potential energy rating was B.

2 MARTINS CLOSE Sold Prices

Land registry data shows three sales for 2 MARTINS 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. All of the three 2 MARTINS 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
2022 30 AUG	£475,000	£370,433	28% above HPI
2011 21 JUL	£290,000	£203,272	43% above HPI
2005 9 DEC	£245,000	£202,624	21% above HPI

2 MARTINS 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 2 MARTINS CLOSE sales between December 2005 and August 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 July 2011 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 2 MARTINS CLOSE be worth now?

2 MARTINS CLOSE might now be worth an estimated £474,996.

This is based on house price deflation of 0%, between August 2022 and February 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 0% deflationary decrease is applied to the most recent sale price for 2 MARTINS CLOSE of £475,000 on 30th August 2022. For the value to have decreased from £475,000 to £474,996 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MARTINS CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARTINS CLOSE has not materially changed since August 2022.

How Large is 2 MARTINS CLOSE?

2 MARTINS CLOSE is 149m² according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses houses in Saham Toney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saham Toney, and where 2 MARTINS CLOSE lies on this distribution: 75% of detached houses houses are smaller than 2 MARTINS CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Saham Toney.

2 MARTINS CLOSE: Plot and Title Map

2 MARTINS CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 MARTINS 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 2 MARTINS 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 2 MARTINS CLOSE?

2 MARTINS CLOSE is located in SAHAM TONEY, in the IP25 postcode district. The below map shows the position of No. 2 on MARTINS CLOSE.