4, REDCASTLE ROAD, THETFORD, IP24 3NF - £325,000

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

4 REDCASTLE ROAD is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £325,000 in November 2017, which was around 9% above the average November 2017 detached price in the Breckland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

4 REDCASTLE ROAD Sold Prices

Land registry data shows three sales for 4 REDCASTLE ROAD 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. All of the three 4 REDCASTLE ROAD 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
2017 7 NOV	£325,000	£298,630	9% above HPI
2015 22 DEC	£285,000	£256,492	11% above HPI
2008 14 NOV	£220,000	£218,239	1% above HPI

4 REDCASTLE ROAD 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 4 REDCASTLE ROAD sales between November 2008 and November 2017 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 December 2015 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 4 REDCASTLE ROAD?

4 REDCASTLE ROAD is 127m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 4 REDCASTLE ROAD lies on this distribution: 70% of detached houses are smaller than 4 REDCASTLE ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Thetford.

4 REDCASTLE ROAD: Plot and Title Map

4 REDCASTLE ROAD sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 4 REDCASTLE ROAD, 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 REDCASTLE ROAD). 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 REDCASTLE ROAD?

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