8, DEREHAM ROAD, SHIPDHAM, THETFORD, IP25 7NA - £375,000

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.

8 DEREHAM ROAD is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £419,109. It was last sold for £375,000 in October 2021, which was around 11% above the average October 2021 detached price in the Breckland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

8 DEREHAM ROAD Sold Prices

Land registry data shows two sales for 8 DEREHAM ROAD 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 8 DEREHAM ROAD 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
2021 29 OCT	£375,000	£337,498	11% above HPI
2015 27 FEB	£214,000	£240,705	11% below HPI

8 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 two 8 DEREHAM ROAD sales from February 2015 and October 2021 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 February 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 DEREHAM ROAD be worth now?

8 DEREHAM ROAD might now be worth an estimated £419,109.

This is based on house price inflation of 11.8%, between October 2021 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 11.8% inflationary increase is applied to the most recent sale price for 8 DEREHAM ROAD of £375,000 on 29th October 2021. For the value to have increased from £375,000 to £419,109 over the five years and five months to May 2026, the following assumptions must hold true:

• The value of 8 DEREHAM ROAD has moved in line with the HPI for detached houses in the Breckland local authority area.
• The October 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DEREHAM ROAD has not materially changed since October 2021.

How Large is 8 DEREHAM ROAD?

8 DEREHAM ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% 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 8 DEREHAM ROAD lies on this distribution: 57% of detached houses houses are smaller than 8 DEREHAM ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Shipdham.

8 DEREHAM ROAD: Plot and Title Map

8 DEREHAM ROAD sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 8 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 8 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 8 DEREHAM ROAD?

8 DEREHAM ROAD is located in SHIPDHAM, in the IP25 postcode district. The below map shows the position of No. 8 on DEREHAM ROAD.