8, DRYDEN CLOSE, THETFORD, IP24 1UJ - £195,000

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 DRYDEN CLOSE is a very small extended detached house of 62m², built sometime between 1976 and 1982. It was last sold for £195,000 in March 2018, which was around 35% below the average March 2018 detached price in the Breckland local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

8 DRYDEN CLOSE Sold Prices

Land registry data shows two sales for 8 DRYDEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 8 DRYDEN 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 19 MAR	£195,000	£299,298	35% below HPI
2003 25 JUL	£118,000	£165,423	29% below HPI

8 DRYDEN 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 two 8 DRYDEN CLOSE sales from July 2003 and March 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 July 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 DRYDEN CLOSE?

8 DRYDEN CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 8 DRYDEN CLOSE lies on this distribution: 2% of detached houses are smaller than 8 DRYDEN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Thetford.

8 DRYDEN CLOSE: Plot and Title Map

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

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