3, LETTON CLOSE, SHIPDHAM, THETFORD, IP25 7NS - £210,000

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.

3 LETTON CLOSE is a small extended detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £269,213. It was last sold for £210,000 in June 2019, which was around 29% below the average June 2019 detached price in the Breckland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

3 LETTON CLOSE Sold Prices

Land registry data shows three sales for 3 LETTON 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 3 LETTON 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
2019 28 JUN	£210,000	£294,232	29% below HPI
1999 28 JAN	£75,000	£78,472	4% below HPI
1995 10 AUG	£63,000	£66,429	5% below HPI

3 LETTON 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 3 LETTON CLOSE sales between August 1995 and June 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 January 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 LETTON CLOSE be worth now?

3 LETTON CLOSE might now be worth an estimated £269,213.

This is based on house price inflation of 28.2%, between June 2019 and May 2026, 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 28.2% inflationary increase is applied to the most recent sale price for 3 LETTON CLOSE of £210,000 on 28th June 2019. For the value to have increased from £210,000 to £269,213 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 3 LETTON CLOSE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LETTON CLOSE has not materially changed since June 2019.

How Large is 3 LETTON CLOSE?

3 LETTON CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% 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 3 LETTON CLOSE lies on this distribution: 26% of detached houses houses are smaller than 3 LETTON CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Shipdham.

3 LETTON CLOSE: Plot and Title Map

3 LETTON CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 3 LETTON 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 3 LETTON 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 3 LETTON CLOSE?

3 LETTON CLOSE is located in SHIPDHAM, in the IP25 postcode district. The below map shows the position of No. 3 on LETTON CLOSE.