2, MERE CLOSE, SAHAM TONEY, THETFORD, IP25 7HS - £180,000

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

2 MERE CLOSE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £180,000 in November 2015, which was around 30% below the average November 2015 detached price in the Breckland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

2 MERE CLOSE Sold Prices

Land registry data shows two sales for 2 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 2 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
2015 11 NOV	£180,000	£257,009	30% below HPI
2003 18 JUL	£148,000	£165,423	11% below HPI

2 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 2 MERE CLOSE sales from July 2003 and November 2015 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 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 MERE CLOSE?

2 MERE CLOSE is 92m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% 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 2 MERE CLOSE lies on this distribution: 28% of detached houses are smaller than 2 MERE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Saham Toney.

2 MERE CLOSE: Plot and Title Map

2 MERE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 2 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 2 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 2 MERE CLOSE?

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