3, WINDMILL CLOSE, THETFORD, IP24 2LQ - £375,000

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

3 WINDMILL CLOSE is a large detached house of 140m², built sometime between 1983 and 1990. It was last sold for £375,000 in February 2024, which was around 5% above the average February 2024 detached price in the Breckland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

3 WINDMILL CLOSE Sold Prices

Land registry data shows three sales for 3 WINDMILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Two of the three 3 WINDMILL CLOSE sales were for above the average price, whilst one was 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
2024 26 FEB	£375,000	£358,552	5% above HPI
2021 28 APR	£310,000	£321,623	4% below HPI
2015 28 AUG	£257,000	£247,696	4% above HPI

3 WINDMILL 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 three 3 WINDMILL CLOSE sales between August 2015 and February 2024 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 April 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 WINDMILL CLOSE?

3 WINDMILL CLOSE is 140m² according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 3 WINDMILL CLOSE lies on this distribution: 78% of detached houses are smaller than 3 WINDMILL CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Thetford.

3 WINDMILL CLOSE: Plot and Title Map

3 WINDMILL CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 3 WINDMILL 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 WINDMILL 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 WINDMILL CLOSE?

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