38, NIGHTINGALE WAY, THETFORD, IP24 2YN - £325,000

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.

38 NIGHTINGALE WAY is a large detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £409,901. It was last sold for £325,000 in June 2020, which was around 11% above the average June 2020 detached price in the Breckland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

38 NIGHTINGALE WAY Sold Prices

Land registry data shows five sales for 38 NIGHTINGALE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 38 NIGHTINGALE WAY sales were for above 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 12 JUN	£325,000	£292,226	11% above HPI
2014 25 JUN	£238,000	£229,476	4% above HPI
2006 17 FEB	£230,000	£201,846	14% above HPI
2004 21 JUN	£220,000	£193,180	14% above HPI
1998 20 OCT	£93,000	£79,703	17% above HPI

38 NIGHTINGALE 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 five 38 NIGHTINGALE WAY sales between October 1998 and June 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 June 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2020 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 38 NIGHTINGALE WAY be worth now?

38 NIGHTINGALE WAY might now be worth an estimated £409,901.

This is based on house price inflation of 26.1%, between June 2020 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 26.1% inflationary increase is applied to the most recent sale price for 38 NIGHTINGALE WAY of £325,000 on 12th June 2020. For the value to have increased from £325,000 to £409,901 over the four years and eleven months to July 2025, the following assumptions must hold true:

• The value of 38 NIGHTINGALE WAY has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 38 NIGHTINGALE WAY has not materially changed since June 2020.

How Large is 38 NIGHTINGALE WAY?

38 NIGHTINGALE WAY is 122m² according to the EPC inspection conducted in May 2015. 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 38 NIGHTINGALE WAY lies on this distribution: 66% of detached houses houses are smaller than 38 NIGHTINGALE WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Thetford.

38 NIGHTINGALE WAY: Plot and Title Map

38 NIGHTINGALE WAY sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 38 NIGHTINGALE 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 38 NIGHTINGALE 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 38 NIGHTINGALE WAY?

38 NIGHTINGALE WAY is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 38 on NIGHTINGALE WAY.