2, PENNYCRESS DRIVE, THETFORD, IP24 2TU - £218,000

2 PENNYCRESS DRIVE is a large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £218,000 in October 2012, which was around 4% above the average October 2012 detached price in the Breckland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

2 PENNYCRESS DRIVE Sold Prices

Land registry data shows two sales for 2 PENNYCRESS DRIVE 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 2 PENNYCRESS DRIVE 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
2012 5 OCT	£218,000	£209,295	4% above HPI
2002 22 MAR	£157,950	£124,089	27% above HPI

2 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 two 2 PENNYCRESS DRIVE sales from March 2002 and October 2012 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 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2012 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 PENNYCRESS DRIVE?

2 PENNYCRESS DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 2 PENNYCRESS DRIVE lies on this distribution: 71% of detached houses are smaller than 2 PENNYCRESS DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Thetford.

2 PENNYCRESS DRIVE: Plot and Title Map

2 PENNYCRESS DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 2 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 2 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 2 PENNYCRESS DRIVE?

2 PENNYCRESS DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 2 on PENNYCRESS DRIVE.