8, CUTHBERT CLOSE, THETFORD, IP24 2UE - £230,000

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

8 CUTHBERT CLOSE is a small extended detached house of 86m², built sometime between 2003 and 2006. It was last sold for £230,000 in June 2021, which was around 28% below the average June 2021 detached price in the Breckland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

8 CUTHBERT CLOSE Sold Prices

Land registry data shows four sales for 8 CUTHBERT 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 8 CUTHBERT 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
2021 21 JUN	£230,000	£320,642	28% below HPI
2016 22 JAN	£189,000	£257,129	26% below HPI
2008 11 JAN	£168,000	£233,155	28% below HPI
2004 17 DEC	£151,950	£204,741	26% below HPI

8 CUTHBERT 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 8 CUTHBERT CLOSE sales between December 2004 and June 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 January 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 CUTHBERT CLOSE?

8 CUTHBERT CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 8 CUTHBERT CLOSE lies on this distribution: 21% of detached houses are smaller than 8 CUTHBERT CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Thetford.

8 CUTHBERT CLOSE: Plot and Title Map

8 CUTHBERT CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 CUTHBERT 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 CUTHBERT 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 CUTHBERT CLOSE?

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