8, SALMOND DRIVE, BARNHAM, THETFORD, IP24 2NL - £205,000

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 SALMOND DRIVE is a very small terraced house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £227,892. It was last sold for £205,000 in June 2021, which was around 1% below the average June 2021 terraced price in the West Suffolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

8 SALMOND DRIVE Sold Prices

Land registry data shows five sales for 8 SALMOND DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the West Suffolk local authority area for the corresponding sale date. All of the five 8 SALMOND 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
2021 24 JUN	£205,000	£207,879	1% below HPI
2015 24 APR	£145,000	£158,460	8% below HPI
2007 16 NOV	£123,000	£142,411	14% below HPI
2006 7 JUL	£114,000	£127,108	10% below HPI
2003 5 SEP	£91,950	£102,288	10% below HPI

8 SALMOND DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the West Suffolk local authority area over time, sourced from the HPI. The five 8 SALMOND DRIVE sales between September 2003 and June 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 April 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 SALMOND DRIVE be worth now?

8 SALMOND DRIVE might now be worth an estimated £227,892.

This is based on house price inflation of 11.2%, between June 2021 and May 2026, for terraced houses, in the West Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.2% inflationary increase is applied to the most recent sale price for 8 SALMOND DRIVE of £205,000 on 24th June 2021. For the value to have increased from £205,000 to £227,892 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 8 SALMOND DRIVE has moved in line with the HPI for terraced houses in the West Suffolk local authority area.
• The June 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SALMOND DRIVE has not materially changed since June 2021.

How Large is 8 SALMOND DRIVE?

8 SALMOND DRIVE is 66m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of terraced houses houses in Barnham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Barnham, and where 8 SALMOND DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 8 SALMOND DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Barnham.

8 SALMOND DRIVE: Plot and Title Map

8 SALMOND DRIVE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 8 SALMOND 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 8 SALMOND 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 8 SALMOND DRIVE?

8 SALMOND DRIVE is located in BARNHAM, in the IP24 postcode district. The below map shows the position of No. 8 on SALMOND DRIVE.