4, PETER DRIVE, THETFORD, IP24 2UG - £210,000

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.

4 PETER DRIVE is a very small detached house of 69m², built sometime between 2003 and 2006, which could now be worth an estimated £257,494. It was last sold for £210,000 in October 2019, which was around 30% below the average October 2019 detached price in the Breckland local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

4 PETER DRIVE Sold Prices

Land registry data shows three sales for 4 PETER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the three 4 PETER DRIVE 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 14 OCT	£210,000	£302,105	30% below HPI
2017 15 DEC	£177,500	£302,491	41% below HPI
2004 28 SEP	£132,500	£190,569	30% below HPI

4 PETER DRIVE 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 three 4 PETER DRIVE sales between September 2004 and October 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 December 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 PETER DRIVE be worth now?

4 PETER DRIVE might now be worth an estimated £257,494.

This is based on house price inflation of 22.6%, between October 2019 and February 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 22.6% inflationary increase is applied to the most recent sale price for 4 PETER DRIVE of £210,000 on 14th October 2019. For the value to have increased from £210,000 to £257,494 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 PETER DRIVE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PETER DRIVE has not materially changed since October 2019.

How Large is 4 PETER DRIVE?

4 PETER DRIVE is 69m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% 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 4 PETER DRIVE lies on this distribution: 5% of detached houses houses are smaller than 4 PETER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Thetford.

4 PETER DRIVE: Plot and Title Map

4 PETER DRIVE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 4 PETER DRIVE, 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 4 PETER DRIVE). 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 4 PETER DRIVE?

4 PETER DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 4 on PETER DRIVE.