4, WOODLARK CLOSE, THETFORD, IP24 2YS - £261,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 WOODLARK CLOSE is a small detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £347,056. It was last sold for £261,000 in July 2016, which was around 6% below the average July 2016 detached price in the Breckland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

4 WOODLARK CLOSE Sold Prices

Land registry data shows three sales for 4 WOODLARK 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. One of the three 4 WOODLARK CLOSE sales was for below the average price, whilst two 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
2016 18 JUL	£261,000	£276,677	6% below HPI
2003 15 MAY	£171,450	£163,453	5% above HPI
1995 26 OCT	£73,500	£67,890	8% above HPI

4 WOODLARK 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 4 WOODLARK CLOSE sales between October 1995 and July 2016 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 May 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 WOODLARK CLOSE be worth now?

4 WOODLARK CLOSE might now be worth an estimated £347,056.

This is based on house price inflation of 33%, between July 2016 and December 2024, 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 33% inflationary increase is applied to the most recent sale price for 4 WOODLARK CLOSE of £261,000 on 18th July 2016. For the value to have increased from £261,000 to £347,056 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 4 WOODLARK CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2016 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WOODLARK CLOSE has not materially changed since July 2016.

How Large is 4 WOODLARK CLOSE?

4 WOODLARK CLOSE is 86m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 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 WOODLARK CLOSE lies on this distribution: 23% of detached houses houses are smaller than 4 WOODLARK CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Thetford.

4 WOODLARK CLOSE: Plot and Title Map

4 WOODLARK CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 4 WOODLARK 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 WOODLARK 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 WOODLARK CLOSE?

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