56, THYME CLOSE, THETFORD, IP24 2YA - £206,000

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

56 THYME CLOSE is a very small extended detached house of 70m², built sometime between 1983 and 1990. It was last sold for £206,000 in August 2018, which was around 31% below the average August 2018 detached price in the Breckland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

56 THYME CLOSE Sold Prices

Land registry data shows four sales for 56 THYME 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. All of the four 56 THYME CLOSE 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
2018 23 AUG	£206,000	£298,316	31% below HPI
2009 28 AUG	£140,000	£195,799	28% below HPI
2003 25 JUL	£116,000	£165,423	30% below HPI
1999 12 MAR	£58,000	£79,946	27% below HPI

56 THYME 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 56 THYME CLOSE sales between March 1999 and August 2018 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 August 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 56 THYME CLOSE?

56 THYME CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in January 2024. 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 56 THYME CLOSE lies on this distribution: 6% of detached houses are smaller than 56 THYME CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Thetford.

56 THYME CLOSE: Plot and Title Map

56 THYME CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 56 THYME 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 56 THYME 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 56 THYME CLOSE?

56 THYME CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 56 on THYME CLOSE.