2, ORCHARD CLOSE, ASHILL, THETFORD, IP25 7DA - £258,000

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 ORCHARD CLOSE is a midsized detached house of 83m², built sometime between 1983 and 1990. It was last sold for £258,000 in November 2021, which was around 24% below the average November 2021 detached price in the Breckland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

2 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 2 ORCHARD 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 ORCHARD 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
2021 8 NOV	£258,000	£339,235	24% below HPI
2000 21 JUN	£84,950	£99,774	15% below HPI

2 ORCHARD 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 ORCHARD CLOSE sales from June 2000 and November 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 June 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 83m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Ashill, based on EPC data. The below chart shows the distribution of detached houses by size in Ashill, and where 2 ORCHARD CLOSE lies on this distribution: 47% of detached houses are smaller than 2 ORCHARD CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Ashill.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.179 of an acre, or 726m². The below map shows the location of 2 ORCHARD 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 ORCHARD 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 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in ASHILL, in the IP25 postcode district. The below map shows the position of No. 2 on ORCHARD CLOSE.