2, TEASEL DRIVE, THETFORD, IP24 2YL - £222,500

2 TEASEL DRIVE is a very small extended detached house of 74m², built sometime between 1996 and 2002. It was last sold for £222,500 in July 2019, which was around 25% below the average July 2019 detached price in the Breckland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

2 TEASEL DRIVE Sold Prices

Land registry data shows six sales for 2 TEASEL DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the six 2 TEASEL 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
2019 25 JUL	£222,500	£296,647	25% below HPI
2014 17 JUL	£180,000	£229,472	22% below HPI
2012 6 MAR	£149,995	£200,976	25% below HPI
2003 21 MAR	£134,950	£163,318	17% below HPI
1997 12 DEC	£57,000	£74,847	24% below HPI
1995 21 DEC	£55,650	£64,244	13% below HPI

2 TEASEL 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 six 2 TEASEL DRIVE sales between December 1995 and July 2019 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 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 TEASEL DRIVE?

2 TEASEL DRIVE is 74m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% 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 TEASEL DRIVE lies on this distribution: 9% of detached houses are smaller than 2 TEASEL DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Thetford.

2 TEASEL DRIVE: Plot and Title Map

2 TEASEL DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2 TEASEL 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 TEASEL 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 TEASEL DRIVE?

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