1, STUART DRIVE, THETFORD, IP24 3GA - £410,000

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 STUART DRIVE is a very large detached house of 145m², which could now be worth an estimated £399,927. It was last sold for £410,000 in November 2022, which was around 8% above the average November 2022 detached price in the Breckland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was B, and the potential energy rating was B.

1 STUART DRIVE Sold Prices

Land registry data shows four sales for 1 STUART DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Most of the four 1 STUART DRIVE sales 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
2022 2 NOV	£410,000	£379,760	8% above HPI
2018 17 MAY	£320,000	£300,962	6% above HPI
2014 17 JUL	£228,000	£231,259	1% below HPI
2012 10 AUG	£225,000	£212,462	6% above HPI

1 STUART 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 four 1 STUART DRIVE sales between August 2012 and November 2022 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 2018 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 1 STUART DRIVE be worth now?

1 STUART DRIVE might now be worth an estimated £399,927.

This is based on house price deflation of 2.5%, between November 2022 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 2.5% deflationary decrease is applied to the most recent sale price for 1 STUART DRIVE of £410,000 on 2nd November 2022. For the value to have decreased from £410,000 to £399,927 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 STUART DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2022 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 1 STUART DRIVE has not materially changed since November 2022.

How Large is 1 STUART DRIVE?

1 STUART DRIVE is 145m² according to the EPC inspection conducted in February 2013. This puts it in the largest 20% 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 STUART DRIVE lies on this distribution: 81% of detached houses houses are smaller than 1 STUART DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Thetford.

1 STUART DRIVE: Plot and Title Map

1 STUART DRIVE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 1 STUART 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 1 STUART 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 1 STUART DRIVE?

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