18, EASTGATE, SHIPDHAM, THETFORD, IP25 7NB - £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 EASTGATE is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £294,843. It was last sold for £235,000 in August 2018, which was around 22% below the average August 2018 detached price in the Breckland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

18 EASTGATE Sold Prices

Land registry data shows four sales for 18 EASTGATE 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 EASTGATE 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
2018 31 AUG	£235,000	£300,638	22% below HPI
2009 20 APR	£175,000	£191,350	9% below HPI
2003 19 DEC	£149,950	£178,009	16% below HPI
1998 26 JUN	£60,000	£78,059	23% below HPI

18 EASTGATE 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 EASTGATE sales between June 1998 and August 2018 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 April 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 18 EASTGATE be worth now?

18 EASTGATE might now be worth an estimated £294,843.

This is based on house price inflation of 25.5%, between August 2018 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 25.5% inflationary increase is applied to the most recent sale price for 18 EASTGATE of £235,000 on 31st August 2018. For the value to have increased from £235,000 to £294,843 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 18 EASTGATE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The August 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 18 EASTGATE has not materially changed since August 2018.

How Large is 18 EASTGATE?

18 EASTGATE is 83m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% 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 EASTGATE lies on this distribution: 24% of detached houses houses are smaller than 18 EASTGATE, and 75% of houses are larger. Note that EPC data is not available for all properties in Shipdham.

18 EASTGATE: Plot and Title Map

18 EASTGATE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 18 EASTGATE, 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 EASTGATE). 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 EASTGATE?

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