2, ADMIRALS WAY, THETFORD, IP24 2JT - £260,000

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.

2 ADMIRALS WAY is a large extended detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £370,719. It was last sold for £260,000 in December 2015, which was around 1% above the average December 2015 detached price in the Breckland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 ADMIRALS WAY Sold Prices

Land registry data shows two sales for 2 ADMIRALS WAY 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. One of the two 2 ADMIRALS WAY sales was for above the average price, whilst the other was 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
2015 2 DEC	£260,000	£258,489	1% above HPI
2002 11 OCT	£126,000	£155,548	19% below HPI

2 ADMIRALS WAY 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 2 ADMIRALS WAY sales from October 2002 and December 2015 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 ADMIRALS WAY be worth now?

2 ADMIRALS WAY might now be worth an estimated £370,719.

This is based on house price inflation of 42.6%, between December 2015 and July 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 42.6% inflationary increase is applied to the most recent sale price for 2 ADMIRALS WAY of £260,000 on 2nd December 2015. For the value to have increased from £260,000 to £370,719 over the ten years and five months to July 2025, the following assumptions must hold true:

• The value of 2 ADMIRALS WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The December 2015 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ADMIRALS WAY has not materially changed since December 2015.

How Large is 2 ADMIRALS WAY?

2 ADMIRALS WAY is 121m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 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 2 ADMIRALS WAY lies on this distribution: 65% of detached houses houses are smaller than 2 ADMIRALS WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Thetford.

2 ADMIRALS WAY: Plot and Title Map

2 ADMIRALS WAY sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 2 ADMIRALS WAY, 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 2 ADMIRALS WAY). 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 2 ADMIRALS WAY?

2 ADMIRALS WAY is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 2 on ADMIRALS WAY.