18, DEREHAM ROAD, SHIPDHAM, THETFORD, IP25 7NA - £235,000

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.

18 DEREHAM ROAD is a very small extended detached house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £301,262. It was last sold for £235,000 in June 2019, which was around 20% below the average June 2019 detached price in the Breckland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

18 DEREHAM ROAD Sold Prices

Land registry data shows four sales for 18 DEREHAM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the four 18 DEREHAM 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
2019 17 JUN	£235,000	£294,232	20% below HPI
2005 12 OCT	£186,000	£206,292	10% below HPI
2001 7 DEC	£120,000	£128,450	7% below HPI
1996 7 MAY	£57,000	£65,199	13% below HPI

18 DEREHAM 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 four 18 DEREHAM ROAD sales between May 1996 and June 2019 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 October 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 18 DEREHAM ROAD be worth now?

18 DEREHAM ROAD might now be worth an estimated £301,262.

This is based on house price inflation of 28.2%, between June 2019 and May 2026, 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 28.2% inflationary increase is applied to the most recent sale price for 18 DEREHAM ROAD of £235,000 on 17th June 2019. For the value to have increased from £235,000 to £301,262 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 18 DEREHAM ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2019 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 18 DEREHAM ROAD has not materially changed since June 2019.

How Large is 18 DEREHAM ROAD?

18 DEREHAM ROAD is 56m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses houses in Shipdham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shipdham, and where 18 DEREHAM ROAD lies on this distribution: 3% of detached houses houses are smaller than 18 DEREHAM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Shipdham.

18 DEREHAM ROAD: Plot and Title Map

18 DEREHAM ROAD sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 18 DEREHAM 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 18 DEREHAM 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 18 DEREHAM ROAD?

18 DEREHAM ROAD is located in SHIPDHAM, in the IP25 postcode district. The below map shows the position of No. 18 on DEREHAM ROAD.