12, SPEEDWELL CLOSE, THETFORD, IP24 2YQ - £248,500

12 SPEEDWELL CLOSE is a midsized extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £248,500 in November 2021, which was around 27% below the average November 2021 detached price in the Breckland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

12 SPEEDWELL CLOSE Sold Prices

Land registry data shows three sales for 12 SPEEDWELL 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. Two of the three 12 SPEEDWELL CLOSE sales were for below the average price, whilst one was 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
2021 8 NOV	£248,500	£339,235	27% below HPI
2003 17 MAR	£147,000	£163,318	10% below HPI
1995 11 MAY	£68,495	£64,111	7% above HPI

12 SPEEDWELL 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 12 SPEEDWELL CLOSE sales between May 1995 and November 2021 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 March 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 SPEEDWELL CLOSE?

12 SPEEDWELL CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in March 2021. 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 12 SPEEDWELL CLOSE lies on this distribution: 58% of detached houses are smaller than 12 SPEEDWELL CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Thetford.

12 SPEEDWELL CLOSE: Plot and Title Map

12 SPEEDWELL CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 12 SPEEDWELL 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 12 SPEEDWELL 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 12 SPEEDWELL CLOSE?

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