CASTLEFORD, CASTLE LANE, THETFORD, IP24 2ER - £324,000

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

CASTLEFORD is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £324,000 in August 2014, which was around 40% above the average August 2014 detached price in the Breckland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

CASTLEFORD Sold Prices

Land registry data shows two sales for CASTLEFORD 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. One of the two CASTLEFORD sales was for above the average price, whilst the other was 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
2014 18 AUG	£324,000	£231,787	40% above HPI
2006 13 APR	£190,000	£202,527	6% below HPI

CASTLEFORD 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 CASTLEFORD sales from April 2006 and August 2014 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 April 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2014 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is CASTLEFORD?

CASTLEFORD is 110m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where CASTLEFORD lies on this distribution: 52% of detached houses are smaller than CASTLEFORD, and 47% of houses are larger. Note that EPC data is not available for all properties in Thetford.

CASTLEFORD: Plot and Title Map

CASTLEFORD sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of CASTLEFORD, 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 CASTLEFORD). 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 CASTLEFORD?

CASTLEFORD is located on CASTLE LANE in THETFORD, in the IP24 postcode district. The below map shows the position of CASTLEFORD on CASTLE LANE.