7, THYME CLOSE, THETFORD, IP24 2YA - £143,000

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.

7 THYME CLOSE is a very small terraced house of 42m², built sometime between 1991 and 1995, which could now be worth an estimated £150,799. It was last sold for £143,000 in April 2023, which was around 23% below the average April 2023 terraced price in the Breckland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was A.

7 THYME CLOSE Sold Prices

Land registry data shows two sales for 7 THYME CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Breckland local authority area for the corresponding sale date. Both of the two 7 THYME 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
2023 19 APR	£143,000	£186,468	23% below HPI
2005 13 MAY	£81,250	£104,474	22% below HPI

7 THYME CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Breckland local authority area over time, sourced from the HPI. The two 7 THYME CLOSE sales from May 2005 and April 2023 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 May 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 THYME CLOSE be worth now?

7 THYME CLOSE might now be worth an estimated £150,799.

This is based on house price inflation of 5.5%, between April 2023 and May 2026, for terraced 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 5.5% inflationary increase is applied to the most recent sale price for 7 THYME CLOSE of £143,000 on 19th April 2023. For the value to have increased from £143,000 to £150,799 over the two years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 THYME CLOSE has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The April 2023 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THYME CLOSE has not materially changed since April 2023.

How Large is 7 THYME CLOSE?

7 THYME CLOSE is 42m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of terraced houses houses in Thetford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Thetford, and where 7 THYME CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 7 THYME CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Thetford.

7 THYME CLOSE: Plot and Title Map

7 THYME CLOSE sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 7 THYME 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 7 THYME 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 7 THYME CLOSE?

7 THYME CLOSE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 7 on THYME CLOSE.