5, WOODLARK CLOSE, THETFORD, IP24 2YS - £290,000

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.

5 WOODLARK CLOSE is a midsized extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £381,946. It was last sold for £290,000 in February 2017, which was around 4% above the average February 2017 detached price in the Breckland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

5 WOODLARK CLOSE Sold Prices

Land registry data shows four sales for 5 WOODLARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. two of the four 5 WOODLARK CLOSE sales were for above the average price, and four 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
2017 22 FEB	£290,000	£279,840	4% above HPI
2011 8 APR	£200,000	£203,021	1% below HPI
2008 2 MAY	£205,000	£226,895	10% below HPI
1996 31 JAN	£72,000	£63,568	13% above HPI

5 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 four 5 WOODLARK CLOSE sales between January 1996 and February 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 April 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 5 WOODLARK CLOSE be worth now?

5 WOODLARK CLOSE might now be worth an estimated £381,946.

This is based on house price inflation of 31.7%, between February 2017 and July 2025, 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 31.7% inflationary increase is applied to the most recent sale price for 5 WOODLARK CLOSE of £290,000 on 22nd February 2017. For the value to have increased from £290,000 to £381,946 over the seven years and seven months to July 2025, the following assumptions must hold true:

• The value of 5 WOODLARK CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WOODLARK CLOSE has not materially changed since February 2017.

How Large is 5 WOODLARK CLOSE?

5 WOODLARK CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 5 WOODLARK CLOSE lies on this distribution: 48% of detached houses houses are smaller than 5 WOODLARK CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Thetford.

5 WOODLARK CLOSE: Plot and Title Map

5 WOODLARK CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 5 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 5 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 5 WOODLARK CLOSE?

5 WOODLARK CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 5 on WOODLARK CLOSE.