2, SPINDLE DRIVE, THETFORD, IP24 2UQ - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 SPINDLE DRIVE is a midsized detached house of 114m², built sometime between 2003 and 2006. It was last sold for £300,000 in June 2019, which was around 3% above the average June 2019 detached price in the Breckland local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

2 SPINDLE DRIVE Sold Prices

Land registry data shows two sales for 2 SPINDLE DRIVE 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 SPINDLE DRIVE 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
2019 6 JUN	£300,000	£291,959	3% above HPI
2011 29 JUN	£210,000	£200,583	5% above HPI

2 SPINDLE DRIVE 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 SPINDLE DRIVE sales from June 2011 and June 2019 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 2011 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 SPINDLE DRIVE?

2 SPINDLE DRIVE is 114m² according to the EPC inspection conducted in February 2010. This puts it in the largest 50% 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 SPINDLE DRIVE lies on this distribution: 58% of detached houses are smaller than 2 SPINDLE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Thetford.

2 SPINDLE DRIVE: Plot and Title Map

2 SPINDLE DRIVE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 2 SPINDLE DRIVE, 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 SPINDLE DRIVE). 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 SPINDLE DRIVE?

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