18, PRIORY PARK, THETFORD, IP24 1AU - £190,000

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

18 PRIORY PARK is a very small detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £269,753. It was last sold for £190,000 in January 2016, which was around 27% below the average January 2016 detached price in the Breckland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

18 PRIORY PARK Sold Prices

Land registry data shows two sales for 18 PRIORY PARK 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 18 PRIORY PARK 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
2016 22 JAN	£190,000	£259,131	27% below HPI
2006 31 OCT	£158,500	£217,123	27% below HPI

18 PRIORY PARK 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 18 PRIORY PARK sales from October 2006 and January 2016 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 October 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2016 sale, which was also at 27% below the HPI.

What might 18 PRIORY PARK be worth now?

18 PRIORY PARK might now be worth an estimated £269,753.

This is based on house price inflation of 42%, between January 2016 and December 2024, 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 42% inflationary increase is applied to the most recent sale price for 18 PRIORY PARK of £190,000 on 22nd January 2016. For the value to have increased from £190,000 to £269,753 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of 18 PRIORY PARK has moved in line with the HPI for detached houses in the Breckland local authority area.
• The January 2016 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PRIORY PARK has not materially changed since January 2016.

How Large is 18 PRIORY PARK?

18 PRIORY PARK is 64m² according to the EPC inspection conducted in April 2015. 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 18 PRIORY PARK lies on this distribution: 3% of detached houses houses are smaller than 18 PRIORY PARK, and 97% of houses are larger. Note that EPC data is not available for all properties in Thetford.

18 PRIORY PARK: Plot and Title Map

18 PRIORY PARK sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 18 PRIORY PARK, 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 18 PRIORY PARK). 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 18 PRIORY PARK?

18 PRIORY PARK is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 18 on PRIORY PARK.