8, CONEY CLOSE, THETFORD, IP24 3PE - £220,000

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.

8 CONEY CLOSE is a small semi-detached house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £273,715. It was last sold for £220,000 in February 2020, which was around 14% above the average February 2020 semi-detached price in the Breckland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

8 CONEY CLOSE Sold Prices

Land registry data shows three sales for 8 CONEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. All of the three 8 CONEY CLOSE sales were 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
2020 21 FEB	£220,000	£192,928	14% above HPI
2007 4 MAY	£168,000	£148,909	13% above HPI
2004 29 APR	£142,000	£116,515	22% above HPI

8 CONEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The three 8 CONEY CLOSE sales between April 2004 and February 2020 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 May 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 8 CONEY CLOSE be worth now?

8 CONEY CLOSE might now be worth an estimated £273,715.

This is based on house price inflation of 24.4%, between February 2020 and February 2025, for semi-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 24.4% inflationary increase is applied to the most recent sale price for 8 CONEY CLOSE of £220,000 on 21st February 2020. For the value to have increased from £220,000 to £273,715 over the five years to February 2025, the following assumptions must hold true:

• The value of 8 CONEY CLOSE has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The February 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CONEY CLOSE has not materially changed since February 2020.

How Large is 8 CONEY CLOSE?

8 CONEY CLOSE is 90m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of semi-detached houses houses in Thetford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thetford, and where 8 CONEY CLOSE lies on this distribution: 26% of semi-detached houses houses are smaller than 8 CONEY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Thetford.

8 CONEY CLOSE: Plot and Title Map

8 CONEY CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 8 CONEY 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 8 CONEY 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 8 CONEY CLOSE?

8 CONEY CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 8 on CONEY CLOSE.