12, PENNYCRESS DRIVE, THETFORD, IP24 2TU - £267,000

12 PENNYCRESS DRIVE is a large extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £267,000 in April 2022, which was around 25% below the average April 2022 detached price in the Breckland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

12 PENNYCRESS DRIVE Sold Prices

Land registry data shows four sales for 12 PENNYCRESS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 12 PENNYCRESS DRIVE 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
2022 1 APR	£267,000	£357,490	25% below HPI
2015 18 SEP	£177,000	£252,395	30% below HPI
2009 11 SEP	£160,500	£203,213	21% below HPI
2002 12 APR	£104,000	£132,305	21% below HPI

12 PENNYCRESS DRIVE 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 four 12 PENNYCRESS DRIVE sales between April 2002 and April 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 September 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 PENNYCRESS DRIVE?

12 PENNYCRESS DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 12 PENNYCRESS DRIVE lies on this distribution: 61% of detached houses are smaller than 12 PENNYCRESS DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Thetford.

12 PENNYCRESS DRIVE: Plot and Title Map

12 PENNYCRESS DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 12 PENNYCRESS DRIVE, 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 12 PENNYCRESS DRIVE). 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 12 PENNYCRESS DRIVE?

12 PENNYCRESS DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 12 on PENNYCRESS DRIVE.