3, BORAGE CLOSE, THETFORD, IP24 2UX - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 BORAGE CLOSE is a large detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £354,096. It was last sold for £350,000 in June 2023, which was around 4% below the average June 2023 detached price in the Breckland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

3 BORAGE CLOSE Sold Prices

Land registry data shows two sales for 3 BORAGE 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. One of the two 3 BORAGE CLOSE sales was for below the average price, whilst the other was 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
2023 9 JUN	£350,000	£366,145	4% below HPI
1999 24 NOV	£106,995	£94,295	13% above HPI

3 BORAGE 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 3 BORAGE CLOSE sales from November 1999 and June 2023 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 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 BORAGE CLOSE be worth now?

3 BORAGE CLOSE might now be worth an estimated £354,096.

This is based on house price inflation of 1.2%, between June 2023 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for 3 BORAGE CLOSE of £350,000 on 9th June 2023. For the value to have increased from £350,000 to £354,096 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 3 BORAGE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BORAGE CLOSE has not materially changed since June 2023.

How Large is 3 BORAGE CLOSE?

3 BORAGE CLOSE is 128m² according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thetford, and where 3 BORAGE CLOSE lies on this distribution: 71% of detached houses houses are smaller than 3 BORAGE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Thetford.

3 BORAGE CLOSE: Plot and Title Map

3 BORAGE CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 3 BORAGE 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 3 BORAGE 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 3 BORAGE CLOSE?

3 BORAGE CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 3 on BORAGE CLOSE.