48, CORIANDER DRIVE, THETFORD, IP24 2XZ - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 CORIANDER DRIVE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £225,000 in January 2021, which was around 29% below the average January 2021 detached price in the Breckland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

48 CORIANDER DRIVE Sold Prices

Land registry data shows three sales for 48 CORIANDER DRIVE 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 48 CORIANDER 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
2021 14 JAN	£225,000	£318,901	29% below HPI
2004 12 NOV	£151,500	£199,004	24% below HPI
1996 16 AUG	£54,000	£66,616	19% below HPI

48 CORIANDER 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 three 48 CORIANDER DRIVE sales between August 1996 and January 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 November 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 48 CORIANDER DRIVE?

48 CORIANDER DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 48 CORIANDER DRIVE lies on this distribution: 19% of detached houses are smaller than 48 CORIANDER DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Thetford.

48 CORIANDER DRIVE: Plot and Title Map

48 CORIANDER DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 48 CORIANDER 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 48 CORIANDER 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 48 CORIANDER DRIVE?

48 CORIANDER DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 48 on CORIANDER DRIVE.