THE NUTSHELL, MILL ROAD, SHIPDHAM, THETFORD, IP25 7LU - £175,000

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

THE NUTSHELL is a very small extended detached house of 74m², built sometime before 1900. It was last sold for £175,000 in December 2008, which was around 17% below the average December 2008 detached price in the Breckland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was D.

THE NUTSHELL Sold Prices

Land registry data shows three sales for THE NUTSHELL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three THE NUTSHELL 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
2008 5 DEC	£175,000	£211,419	17% below HPI
2002 30 AUG	£84,000	£142,428	41% below HPI
1995 10 APR	£35,000	£64,758	46% below HPI

THE NUTSHELL 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 three THE NUTSHELL sales between April 1995 and December 2008 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 August 2002 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2008 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is THE NUTSHELL?

THE NUTSHELL is 74m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in Shipdham, based on EPC data. The below chart shows the distribution of detached houses by size in Shipdham, and where THE NUTSHELL lies on this distribution: 13% of detached houses are smaller than THE NUTSHELL, and 87% of houses are larger. Note that EPC data is not available for all properties in Shipdham.

THE NUTSHELL: Plot and Title Map

THE NUTSHELL sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of THE NUTSHELL, 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 THE NUTSHELL). 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 THE NUTSHELL?

THE NUTSHELL is located on MILL ROAD in SHIPDHAM, in the IP25 postcode district. The below map shows the position of THE NUTSHELL on MILL ROAD.