42, TEASEL DRIVE, THETFORD, IP24 2YL - £175,000

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

42 TEASEL DRIVE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £175,000 in January 2016, which was around 32% below the average January 2016 detached price in the Breckland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

42 TEASEL DRIVE Sold Prices

Land registry data shows five sales for 42 TEASEL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 42 TEASEL DRIVE sales were 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
2016 27 JAN	£175,000	£257,129	32% below HPI
2007 11 OCT	£170,000	£235,920	28% below HPI
2001 18 MAY	£84,950	£109,921	23% below HPI
2000 15 MAR	£73,950	£95,384	22% below HPI
1995 29 SEP	£54,995	£68,341	20% below HPI

42 TEASEL DRIVE 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 five 42 TEASEL DRIVE sales between September 1995 and January 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 October 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 42 TEASEL DRIVE?

42 TEASEL DRIVE is 71m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 42 TEASEL DRIVE lies on this distribution: 7% of detached houses are smaller than 42 TEASEL DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Thetford.

42 TEASEL DRIVE: Plot and Title Map

42 TEASEL DRIVE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 42 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 42 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 42 TEASEL DRIVE?

42 TEASEL DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 42 on TEASEL DRIVE.