2, SCHOOL ROAD, FOULDEN, THETFORD, IP26 5AJ - £149,000

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

2 SCHOOL ROAD is a large extended detached house of 145m², built sometime between 1950 and 1966, which could now be worth an estimated £426,761. It was last sold for £149,000 in December 2001, which was around 16% above the average December 2001 detached price in the Breckland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

2 SCHOOL ROAD Sold Prices

Land registry data shows two sales for 2 SCHOOL ROAD 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. One of the two 2 SCHOOL ROAD sales was for above the average price, whilst the other was 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
2001 20 DEC	£149,000	£128,450	16% above HPI
1998 3 APR	£57,500	£75,588	24% below HPI

2 SCHOOL 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 two 2 SCHOOL ROAD sales from April 1998 and December 2001 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 April 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2001 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 SCHOOL ROAD be worth now?

2 SCHOOL ROAD might now be worth an estimated £426,761.

This is based on house price inflation of 186.4%, between December 2001 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 186.4% inflationary increase is applied to the most recent sale price for 2 SCHOOL ROAD of £149,000 on 20th December 2001. For the value to have increased from £149,000 to £426,761 over the 23 years to December 2024, the following assumptions must hold true:

• The value of 2 SCHOOL ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2001 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SCHOOL ROAD has not materially changed since December 2001.

How Large is 2 SCHOOL ROAD?

2 SCHOOL ROAD is 145m², which includes three extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses houses in Foulden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Foulden, and where 2 SCHOOL ROAD lies on this distribution: 74% of detached houses houses are smaller than 2 SCHOOL ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Foulden.

2 SCHOOL ROAD: Plot and Title Map

2 SCHOOL ROAD sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of 2 SCHOOL 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 SCHOOL 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 SCHOOL ROAD?

2 SCHOOL ROAD is located in FOULDEN, in the IP26 postcode district. The below map shows the position of No. 2 on SCHOOL ROAD.