7, REDCASTLE ROAD, THETFORD, IP24 3NF - £305,000

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

7 REDCASTLE ROAD is a small detached house of 94m², built sometime between 1967 and 1975. It was last sold for £305,000 in April 2023, which was around 17% below the average April 2023 detached price in the Breckland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

7 REDCASTLE ROAD Sold Prices

Land registry data shows three sales for 7 REDCASTLE ROAD 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. Two of the three 7 REDCASTLE ROAD sales were for below the average price, whilst one was 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
2023 13 APR	£305,000	£366,963	17% below HPI
2006 26 OCT	£222,500	£217,123	2% above HPI
1997 19 SEP	£56,500	£75,516	25% below HPI

7 REDCASTLE ROAD 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 7 REDCASTLE ROAD sales between September 1997 and April 2023 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 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 7 REDCASTLE ROAD be worth now?

7 REDCASTLE ROAD might now be worth an estimated £305,780.

This is based on house price inflation of 0.3%, between April 2023 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 0.3% inflationary increase is applied to the most recent sale price for 7 REDCASTLE ROAD of £305,000 on 13th April 2023. For the value to have increased from £305,000 to £305,780 over the four months to December 2024, the following assumptions must hold true:

• The value of 7 REDCASTLE ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The April 2023 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REDCASTLE ROAD has not materially changed since April 2023.

How Large is 7 REDCASTLE ROAD?

7 REDCASTLE ROAD is 94m² according to the EPC inspection conducted in September 2022. 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 7 REDCASTLE ROAD lies on this distribution: 29% of detached houses houses are smaller than 7 REDCASTLE ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Thetford.

7 REDCASTLE ROAD: Plot and Title Map

7 REDCASTLE ROAD sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of 7 REDCASTLE ROAD, 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 7 REDCASTLE ROAD). 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 7 REDCASTLE ROAD?

7 REDCASTLE ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 7 on REDCASTLE ROAD.