2, PRIORY PARK, THETFORD, IP24 1AU - £208,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 PRIORY PARK is a very small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £208,000 in May 2018, which was around 30% below the average May 2018 detached price in the Breckland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 PRIORY PARK Sold Prices

Land registry data shows three sales for 2 PRIORY PARK 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 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
2018 4 MAY	£208,000	£298,637	30% below HPI
2014 9 JUN	£190,000	£227,704	17% below HPI
2011 10 NOV	£115,500	£208,614	45% below HPI

2 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 three 2 PRIORY PARK sales between November 2011 and May 2018 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 June 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 PRIORY PARK?

2 PRIORY PARK is 80m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Thetford, based on EPC data. The below chart shows the distribution of detached houses by size in Thetford, and where 2 PRIORY PARK lies on this distribution: 15% of detached houses are smaller than 2 PRIORY PARK, and 84% of houses are larger. Note that EPC data is not available for all properties in Thetford.

2 PRIORY PARK: Plot and Title Map

2 PRIORY PARK sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 2 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 2 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 2 PRIORY PARK?

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