2, REDCASTLE ROAD, THETFORD, IP24 3NF - £425,000

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 REDCASTLE ROAD is a very large extended detached house of 195m², built sometime between 1967 and 1975. It was last sold for £425,000 in February 2022, which was around 18% above the average February 2022 detached price in the Breckland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

2 REDCASTLE ROAD Sold Prices

Land registry data shows two sales for 2 REDCASTLE ROAD 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 REDCASTLE ROAD 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 11 FEB	£425,000	£359,241	18% above HPI
2001 24 MAY	£114,240	£109,921	4% above HPI

2 REDCASTLE ROAD 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 REDCASTLE ROAD sales from May 2001 and February 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 May 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2022 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 REDCASTLE ROAD?

2 REDCASTLE ROAD is 195m², which includes three extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 2 REDCASTLE ROAD lies on this distribution: 96% of detached houses are smaller than 2 REDCASTLE ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Thetford.

2 REDCASTLE ROAD: Plot and Title Map

2 REDCASTLE ROAD sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of 2 REDCASTLE ROAD, 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 REDCASTLE ROAD). 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 REDCASTLE ROAD?

2 REDCASTLE ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 2 on REDCASTLE ROAD.