PETINA, CHAPEL STREET, SHIPDHAM, THETFORD, IP25 7LB - £500,000

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

PETINA is a very large detached house of 227m², built sometime between 1996 and 2002. It was last sold for £500,000 in May 2022, which was around 39% above the average May 2022 detached price in the Breckland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

PETINA Sold Prices

Land registry data shows two sales for PETINA 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 PETINA 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
2022 17 MAY	£500,000	£359,508	39% above HPI
2010 2 FEB	£264,000	£207,396	27% above HPI

PETINA 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 PETINA sales from February 2010 and May 2022 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 February 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is PETINA?

PETINA is 227m² according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses in Shipdham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipdham, and where PETINA lies on this distribution: 97% of detached houses are smaller than PETINA, and 3% of houses are larger. Note that EPC data is not available for all properties in Shipdham.

PETINA: Plot and Title Map

PETINA sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of PETINA, 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 PETINA). 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 PETINA?

PETINA is located on CHAPEL STREET in SHIPDHAM, in the IP25 postcode district. The below map shows the position of PETINA on CHAPEL STREET.