8, STUART DRIVE, THETFORD, IP24 3GA - £365,000

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.

8 STUART DRIVE is a small detached house of 95m², which could now be worth an estimated £417,003. It was last sold for £365,000 in February 2021, which was around 13% above the average February 2021 detached price in the Breckland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was B, and the potential energy rating was B.

8 STUART DRIVE Sold Prices

Land registry data shows two sales for 8 STUART DRIVE 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 STUART DRIVE sales were 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
2021 19 FEB	£365,000	£324,235	13% above HPI
2011 8 SEP	£264,995	£212,698	25% above HPI

8 STUART DRIVE 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 STUART DRIVE sales from September 2011 and February 2021 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 2011 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 8 STUART DRIVE be worth now?

8 STUART DRIVE might now be worth an estimated £417,003.

This is based on house price inflation of 14.2%, between February 2021 and February 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 14.2% inflationary increase is applied to the most recent sale price for 8 STUART DRIVE of £365,000 on 19th February 2021. For the value to have increased from £365,000 to £417,003 over the four years to February 2025, the following assumptions must hold true:

• The value of 8 STUART DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STUART DRIVE has not materially changed since February 2021.

How Large is 8 STUART DRIVE?

8 STUART DRIVE is 95m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% 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 STUART DRIVE lies on this distribution: 30% of detached houses houses are smaller than 8 STUART DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Thetford.

8 STUART DRIVE: Plot and Title Map

8 STUART DRIVE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 8 STUART DRIVE, 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 STUART DRIVE). 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 STUART DRIVE?

8 STUART DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 8 on STUART DRIVE.