8, RICHARD EASTEN ROAD, THETFORD, IP24 1ED - £156,000

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

8 RICHARD EASTEN ROAD is a very small detached house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £269,368. It was last sold for £156,000 in December 2008, which was around 27% below the average December 2008 detached price in the Breckland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

8 RICHARD EASTEN ROAD Sold Prices

Land registry data shows two sales for 8 RICHARD EASTEN 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. Both of the two 8 RICHARD EASTEN ROAD 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
2008 16 DEC	£156,000	£213,064	27% below HPI
2007 26 JAN	£166,000	£217,709	24% below HPI

8 RICHARD EASTEN 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 8 RICHARD EASTEN ROAD sales from January 2007 and December 2008 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 January 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2008 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 8 RICHARD EASTEN ROAD be worth now?

8 RICHARD EASTEN ROAD might now be worth an estimated £269,368.

This is based on house price inflation of 72.7%, between December 2008 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 72.7% inflationary increase is applied to the most recent sale price for 8 RICHARD EASTEN ROAD of £156,000 on 16th December 2008. For the value to have increased from £156,000 to £269,368 over the sixteen years to December 2024, the following assumptions must hold true:

• The value of 8 RICHARD EASTEN ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2008 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RICHARD EASTEN ROAD has not materially changed since December 2008.

How Large is 8 RICHARD EASTEN ROAD?

8 RICHARD EASTEN ROAD is 80m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% 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 8 RICHARD EASTEN ROAD lies on this distribution: 15% of detached houses houses are smaller than 8 RICHARD EASTEN ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Thetford.

8 RICHARD EASTEN ROAD: Plot and Title Map

8 RICHARD EASTEN ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 8 RICHARD EASTEN 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 8 RICHARD EASTEN 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 8 RICHARD EASTEN ROAD?

8 RICHARD EASTEN ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 8 on RICHARD EASTEN ROAD.