2, VALERIAN RISE, THETFORD, IP24 2UW - £271,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 VALERIAN RISE is a large detached house of 116m², built sometime between 1996 and 2002. It was last sold for £271,000 in May 2020, which was around 8% below the average May 2020 detached price in the Breckland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

2 VALERIAN RISE Sold Prices

Land registry data shows three sales for 2 VALERIAN RISE 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. Two of the three 2 VALERIAN RISE sales were for below the average price, whilst one was 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
2020 7 MAY	£271,000	£293,431	8% below HPI
2005 15 JUL	£180,000	£198,807	9% below HPI
2002 19 JUN	£153,995	£136,668	13% above HPI

2 VALERIAN RISE 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 VALERIAN RISE sales between June 2002 and May 2020 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 July 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 VALERIAN RISE?

2 VALERIAN RISE is 116m² according to the EPC inspection conducted in January 2020. This puts it in the largest 40% 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 VALERIAN RISE lies on this distribution: 61% of detached houses are smaller than 2 VALERIAN RISE, and 38% of houses are larger. Note that EPC data is not available for all properties in Thetford.

2 VALERIAN RISE: Plot and Title Map

2 VALERIAN RISE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 VALERIAN RISE, 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 VALERIAN RISE). 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 VALERIAN RISE?

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