1, HENRY CROSS CLOSE, SHIPDHAM, THETFORD, IP25 7LQ - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 HENRY CROSS CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £280,060. It was last sold for £240,000 in December 2020, which was around 25% below the average December 2020 detached price in the Breckland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

1 HENRY CROSS CLOSE Sold Prices

Land registry data shows three sales for 1 HENRY CROSS CLOSE 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 1 HENRY CROSS 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
2020 4 DEC	£240,000	£320,258	25% below HPI
2006 19 JUL	£154,000	£212,589	28% below HPI
1999 23 APR	£49,000	£80,917	39% below HPI

1 HENRY CROSS 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 three 1 HENRY CROSS CLOSE sales between April 1999 and December 2020 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 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 HENRY CROSS CLOSE be worth now?

1 HENRY CROSS CLOSE might now be worth an estimated £280,060.

This is based on house price inflation of 16.7%, between December 2020 and June 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for 1 HENRY CROSS CLOSE of £240,000 on 4th December 2020. For the value to have increased from £240,000 to £280,060 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 1 HENRY CROSS CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HENRY CROSS CLOSE has not materially changed since December 2020.

How Large is 1 HENRY CROSS CLOSE?

1 HENRY CROSS CLOSE is 76m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Shipdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shipdham, and where 1 HENRY CROSS CLOSE lies on this distribution: 15% of detached houses houses are smaller than 1 HENRY CROSS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Shipdham.

1 HENRY CROSS CLOSE: Plot and Title Map

1 HENRY CROSS CLOSE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 1 HENRY CROSS 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 1 HENRY CROSS 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 1 HENRY CROSS CLOSE?

1 HENRY CROSS CLOSE is located in SHIPDHAM, in the IP25 postcode district. The below map shows the position of No. 1 on HENRY CROSS CLOSE.