4, BORAGE CLOSE, THETFORD, IP24 2UX - £237,500

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.

4 BORAGE CLOSE is a large detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £407,615. It was last sold for £237,500 in April 2010, which was around 10% above the average April 2010 detached price in the Breckland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

4 BORAGE CLOSE Sold Prices

Land registry data shows two sales for 4 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. Both of the two 4 BORAGE CLOSE 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
2010 30 APR	£237,500	£215,834	10% above HPI
1999 24 NOV	£125,995	£94,295	34% above HPI

4 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 4 BORAGE CLOSE sales from November 1999 and April 2010 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2010 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 BORAGE CLOSE be worth now?

4 BORAGE CLOSE might now be worth an estimated £407,615.

This is based on house price inflation of 71.6%, between April 2010 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 71.6% inflationary increase is applied to the most recent sale price for 4 BORAGE CLOSE of £237,500 on 30th April 2010. For the value to have increased from £237,500 to £407,615 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of 4 BORAGE CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The April 2010 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 4 BORAGE CLOSE has not materially changed since April 2010.

How Large is 4 BORAGE CLOSE?

4 BORAGE CLOSE is 131m² according to the EPC inspection conducted in October 2008. 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 4 BORAGE CLOSE lies on this distribution: 72% of detached houses houses are smaller than 4 BORAGE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Thetford.

4 BORAGE CLOSE: Plot and Title Map

4 BORAGE CLOSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 4 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 4 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 4 BORAGE CLOSE?

4 BORAGE CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 4 on BORAGE CLOSE.