4, TEASEL DRIVE, THETFORD, IP24 2YL - £190,000

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.

4 TEASEL DRIVE is a very small extended semi-detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £218,429. It was last sold for £190,000 in June 2021, which was around 9% below the average June 2021 semi-detached price in the Breckland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

4 TEASEL DRIVE Sold Prices

Land registry data shows seven sales for 4 TEASEL DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. Most of the seven 4 TEASEL DRIVE 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
2021 15 JUN	£190,000	£208,792	9% below HPI
2006 8 SEP	£139,000	£141,816	2% below HPI
2004 20 JUN	£128,000	£124,256	3% above HPI
2002 31 MAY	£85,000	£82,239	3% above HPI
2000 12 APR	£65,950	£57,948	14% above HPI
1999 13 MAY	£52,000	£49,661	5% above HPI
1995 15 DEC	£50,500	£40,305	25% above HPI

4 TEASEL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The seven 4 TEASEL DRIVE sales between December 1995 and June 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 September 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 4 TEASEL DRIVE be worth now?

4 TEASEL DRIVE might now be worth an estimated £218,429.

This is based on house price inflation of 15%, between June 2021 and February 2025, for semi-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 15% inflationary increase is applied to the most recent sale price for 4 TEASEL DRIVE of £190,000 on 15th June 2021. For the value to have increased from £190,000 to £218,429 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 4 TEASEL DRIVE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The June 2021 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 4 TEASEL DRIVE has not materially changed since June 2021.

How Large is 4 TEASEL DRIVE?

4 TEASEL DRIVE is 70m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Thetford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thetford, and where 4 TEASEL DRIVE lies on this distribution: 6% of semi-detached houses houses are smaller than 4 TEASEL DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Thetford.

4 TEASEL DRIVE: Plot and Title Map

4 TEASEL DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 4 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 4 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 4 TEASEL DRIVE?

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