10, ORCHARD WAY, THETFORD, IP24 2JF - £139,000

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.

10 ORCHARD WAY is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £243,456. It was last sold for £139,000 in November 2012, which was around 34% below the average November 2012 detached price in the Breckland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

10 ORCHARD WAY Sold Prices

Land registry data shows two sales for 10 ORCHARD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 10 ORCHARD 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
2012 2 NOV	£139,000	£211,495	34% below HPI
2010 17 DEC	£128,000	£206,266	38% below HPI

10 ORCHARD WAY 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 two 10 ORCHARD WAY sales from December 2010 and November 2012 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 December 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2012 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 10 ORCHARD WAY be worth now?

10 ORCHARD WAY might now be worth an estimated £243,456.

This is based on house price inflation of 75.1%, between November 2012 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 75.1% inflationary increase is applied to the most recent sale price for 10 ORCHARD WAY of £139,000 on 2nd November 2012. For the value to have increased from £139,000 to £243,456 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 ORCHARD WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The November 2012 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ORCHARD WAY has not materially changed since November 2012.

How Large is 10 ORCHARD WAY?

10 ORCHARD WAY is 70m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 10 ORCHARD WAY lies on this distribution: 6% of detached houses houses are smaller than 10 ORCHARD WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Thetford.

10 ORCHARD WAY: Plot and Title Map

10 ORCHARD WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 10 ORCHARD 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 10 ORCHARD 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 10 ORCHARD WAY?

10 ORCHARD WAY is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 10 on ORCHARD WAY.