21, PRIORY PARK, THETFORD, IP24 1AU - £276,000

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.

21 PRIORY PARK is a very small detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £283,391. It was last sold for £276,000 in March 2022, which was around 24% below the average March 2022 detached price in the Breckland local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

21 PRIORY PARK Sold Prices

Land registry data shows two sales for 21 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 21 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
2022 23 MAR	£276,000	£363,017	24% below HPI
2021 9 SEP	£199,000	£326,862	39% below HPI

21 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 21 PRIORY PARK sales from September 2021 and March 2022 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 September 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 21 PRIORY PARK be worth now?

21 PRIORY PARK might now be worth an estimated £283,391.

This is based on house price inflation of 2.7%, between March 2022 and March 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 2.7% inflationary increase is applied to the most recent sale price for 21 PRIORY PARK of £276,000 on 23rd March 2022. For the value to have increased from £276,000 to £283,391 over the three years to March 2025, the following assumptions must hold true:

• The value of 21 PRIORY PARK has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2022 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 21 PRIORY PARK has not materially changed since March 2022.

How Large is 21 PRIORY PARK?

21 PRIORY PARK is 64m² according to the EPC inspection conducted in February 2021. 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 21 PRIORY PARK lies on this distribution: 3% of detached houses houses are smaller than 21 PRIORY PARK, and 97% of houses are larger. Note that EPC data is not available for all properties in Thetford.

21 PRIORY PARK: Plot and Title Map

21 PRIORY PARK sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 21 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 21 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 21 PRIORY PARK?

21 PRIORY PARK is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 21 on PRIORY PARK.