9, THE MEADOWS, THETFORD, IP24 2EU - £268,000

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.

9 THE MEADOWS is a small detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £330,723. It was last sold for £268,000 in July 2020, which was around 11% below the average July 2020 detached price in the Breckland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

9 THE MEADOWS Sold Prices

Land registry data shows two sales for 9 THE MEADOWS 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 9 THE MEADOWS 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 30 JUL	£268,000	£302,047	11% below HPI
2005 12 AUG	£175,000	£203,455	14% below HPI

9 THE MEADOWS 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 9 THE MEADOWS sales from August 2005 and July 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 August 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 9 THE MEADOWS be worth now?

9 THE MEADOWS might now be worth an estimated £330,723.

This is based on house price inflation of 23.4%, between July 2020 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 23.4% inflationary increase is applied to the most recent sale price for 9 THE MEADOWS of £268,000 on 30th July 2020. For the value to have increased from £268,000 to £330,723 over the five years and four months to March 2025, the following assumptions must hold true:

• The value of 9 THE MEADOWS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The July 2020 sale price of £268,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE MEADOWS has not materially changed since July 2020.

How Large is 9 THE MEADOWS?

9 THE MEADOWS is 94m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 9 THE MEADOWS lies on this distribution: 29% of detached houses houses are smaller than 9 THE MEADOWS, and 70% of houses are larger. Note that EPC data is not available for all properties in Thetford.

9 THE MEADOWS: Plot and Title Map

9 THE MEADOWS sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 9 THE MEADOWS, 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 9 THE MEADOWS). 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 9 THE MEADOWS?

9 THE MEADOWS is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 9 on THE MEADOWS.