1, ICKNIELD WAY, THETFORD, IP24 3BA - £145,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ICKNIELD WAY is a small semi-detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £217,851. It was last sold for £145,000 in July 2015, which was around 9% below the average July 2015 semi-detached price in the Breckland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

1 ICKNIELD WAY Sold Prices

Land registry data shows two sales for 1 ICKNIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. Both of the two 1 ICKNIELD WAY 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
2015 31 JUL	£145,000	£159,031	9% below HPI
2006 11 AUG	£124,000	£140,511	12% below HPI

1 ICKNIELD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The two 1 ICKNIELD WAY sales from August 2006 and July 2015 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 August 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 ICKNIELD WAY be worth now?

1 ICKNIELD WAY might now be worth an estimated £217,851.

This is based on house price inflation of 50.2%, between July 2015 and December 2024, for semi-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 50.2% inflationary increase is applied to the most recent sale price for 1 ICKNIELD WAY of £145,000 on 31st July 2015. For the value to have increased from £145,000 to £217,851 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 ICKNIELD WAY has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The July 2015 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ICKNIELD WAY has not materially changed since July 2015.

How Large is 1 ICKNIELD WAY?

1 ICKNIELD WAY is 86m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of semi-detached houses houses in Thetford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thetford, and where 1 ICKNIELD WAY lies on this distribution: 21% of semi-detached houses houses are smaller than 1 ICKNIELD WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Thetford.

1 ICKNIELD WAY: Plot and Title Map

1 ICKNIELD WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 1 ICKNIELD WAY, 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 1 ICKNIELD WAY). 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 1 ICKNIELD WAY?

1 ICKNIELD WAY is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 1 on ICKNIELD WAY.