2, MACKENZIE ROAD, THETFORD, IP24 3NQ - £285,000

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.

2 MACKENZIE ROAD is a large extended detached house of 134m², built sometime between 1976 and 1982, which could now be worth an estimated £436,075. It was last sold for £285,000 in December 2014, which was around 18% above the average December 2014 detached price in the Breckland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

2 MACKENZIE ROAD Sold Prices

Land registry data shows three sales for 2 MACKENZIE 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. All of the three 2 MACKENZIE ROAD 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
2014 1 DEC	£285,000	£242,097	18% above HPI
2009 21 OCT	£249,950	£205,819	21% above HPI
2007 12 OCT	£275,000	£237,756	16% above HPI

2 MACKENZIE 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 2 MACKENZIE ROAD sales between October 2007 and December 2014 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 2009 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 MACKENZIE ROAD be worth now?

2 MACKENZIE ROAD might now be worth an estimated £436,075.

This is based on house price inflation of 53%, between December 2014 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 53% inflationary increase is applied to the most recent sale price for 2 MACKENZIE ROAD of £285,000 on 1st December 2014. For the value to have increased from £285,000 to £436,075 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 MACKENZIE ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MACKENZIE ROAD has not materially changed since December 2014.

How Large is 2 MACKENZIE ROAD?

2 MACKENZIE ROAD is 134m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the largest 30% 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 2 MACKENZIE ROAD lies on this distribution: 75% of detached houses houses are smaller than 2 MACKENZIE ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Thetford.

2 MACKENZIE ROAD: Plot and Title Map

2 MACKENZIE ROAD sits on a plot of roughly 0.235 of an acre, or 953m². The below map shows the location of 2 MACKENZIE 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 2 MACKENZIE 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 2 MACKENZIE ROAD?

2 MACKENZIE ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 2 on MACKENZIE ROAD.