25, TEASEL DRIVE, THETFORD, IP24 2YL - £215,000

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

25 TEASEL DRIVE is a very small extended detached house of 74m², built sometime between 1991 and 1995. It was last sold for £215,000 in January 2021, which was around 33% below the average January 2021 detached price in the Breckland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

25 TEASEL DRIVE Sold Prices

Land registry data shows two sales for 25 TEASEL 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 25 TEASEL DRIVE 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 7 JAN	£215,000	£318,901	33% below HPI
1996 20 NOV	£55,995	£67,854	17% below HPI

25 TEASEL 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 25 TEASEL DRIVE sales from November 1996 and January 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 November 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 25 TEASEL DRIVE?

25 TEASEL DRIVE is 74m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 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 25 TEASEL DRIVE lies on this distribution: 9% of detached houses are smaller than 25 TEASEL DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Thetford.

25 TEASEL DRIVE: Plot and Title Map

25 TEASEL DRIVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 25 TEASEL 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 25 TEASEL 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 25 TEASEL DRIVE?

25 TEASEL DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 25 on TEASEL DRIVE.