86, MELFORD BRIDGE ROAD, THETFORD, IP24 2HG - £138,000

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.

86 MELFORD BRIDGE ROAD is a very small detached house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £167,349. It was last sold for £138,000 in March 2020, which was around 55% below the average March 2020 detached price in the Breckland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

86 MELFORD BRIDGE ROAD Sold Prices

Land registry data shows three sales for 86 MELFORD BRIDGE ROAD 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. All of the three 86 MELFORD BRIDGE 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
2020 9 MAR	£138,000	£305,466	55% below HPI
2014 3 FEB	£114,000	£217,172	48% below HPI
2002 12 APR	£67,000	£133,335	50% below HPI

86 MELFORD BRIDGE 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 three 86 MELFORD BRIDGE ROAD sales between April 2002 and March 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 February 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2020 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 86 MELFORD BRIDGE ROAD be worth now?

86 MELFORD BRIDGE ROAD might now be worth an estimated £167,349.

This is based on house price inflation of 21.3%, between March 2020 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 21.3% inflationary increase is applied to the most recent sale price for 86 MELFORD BRIDGE ROAD of £138,000 on 9th March 2020. For the value to have increased from £138,000 to £167,349 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 86 MELFORD BRIDGE ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The March 2020 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 86 MELFORD BRIDGE ROAD has not materially changed since March 2020.

How Large is 86 MELFORD BRIDGE ROAD?

86 MELFORD BRIDGE ROAD is 67m² according to the EPC inspection conducted in August 2018. 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 86 MELFORD BRIDGE ROAD lies on this distribution: 4% of detached houses houses are smaller than 86 MELFORD BRIDGE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Thetford.

86 MELFORD BRIDGE ROAD: Plot and Title Map

86 MELFORD BRIDGE ROAD sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 86 MELFORD BRIDGE 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 86 MELFORD BRIDGE 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 86 MELFORD BRIDGE ROAD?

86 MELFORD BRIDGE ROAD is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 86 on MELFORD BRIDGE ROAD.