1, RICHARD EASTEN ROAD, THETFORD, IP24 1ED - £265,000

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.

1 RICHARD EASTEN ROAD is a very large detached house of 180m², built sometime between 2003 and 2006, which could now be worth an estimated £327,284. It was last sold for £265,000 in April 2019, which was around 12% below the average April 2019 detached price in the Breckland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

1 RICHARD EASTEN ROAD Sold Prices

Land registry data shows three sales for 1 RICHARD EASTEN ROAD 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. One of the three 1 RICHARD EASTEN ROAD sales was for below the average price, whilst two 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
2019 18 APR	£265,000	£299,935	12% below HPI
2006 17 MAR	£250,000	£201,809	24% above HPI
2004 17 NOV	£229,000	£200,554	14% above HPI

1 RICHARD EASTEN ROAD 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 1 RICHARD EASTEN ROAD sales between November 2004 and April 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 March 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 RICHARD EASTEN ROAD be worth now?

1 RICHARD EASTEN ROAD might now be worth an estimated £327,284.

This is based on house price inflation of 23.5%, between April 2019 and February 2025, 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 23.5% inflationary increase is applied to the most recent sale price for 1 RICHARD EASTEN ROAD of £265,000 on 18th April 2019. For the value to have increased from £265,000 to £327,284 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 1 RICHARD EASTEN ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The April 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RICHARD EASTEN ROAD has not materially changed since April 2019.

How Large is 1 RICHARD EASTEN ROAD?

1 RICHARD EASTEN ROAD is 180m² according to the EPC inspection conducted in January 2019. This puts it in the largest 10% of detached houses houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thetford, and where 1 RICHARD EASTEN ROAD lies on this distribution: 95% of detached houses houses are smaller than 1 RICHARD EASTEN ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Thetford.

1 RICHARD EASTEN ROAD: Plot and Title Map

1 RICHARD EASTEN ROAD sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 1 RICHARD EASTEN ROAD, 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 RICHARD EASTEN ROAD). 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 RICHARD EASTEN ROAD?

1 RICHARD EASTEN ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 1 on RICHARD EASTEN ROAD.