9, PETER DRIVE, THETFORD, IP24 2UG - £232,500

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.

9 PETER DRIVE is a very small terraced house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £251,433. It was last sold for £232,500 in April 2024, which was around 28% above the average April 2024 terraced price in the Breckland local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

9 PETER DRIVE Sold Prices

Land registry data shows three sales for 9 PETER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Breckland local authority area for the corresponding sale date. All of the three 9 PETER DRIVE 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
2024 5 APR	£232,500	£181,831	28% above HPI
2012 2 FEB	£137,500	£109,561	26% above HPI
2004 23 AUG	£131,950	£98,723	34% above HPI

9 PETER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Breckland local authority area over time, sourced from the HPI. The three 9 PETER DRIVE sales between August 2004 and April 2024 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 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2024 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 9 PETER DRIVE be worth now?

9 PETER DRIVE might now be worth an estimated £251,433.

This is based on house price inflation of 8.1%, between April 2024 and May 2026, for terraced 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 8.1% inflationary increase is applied to the most recent sale price for 9 PETER DRIVE of £232,500 on 5th April 2024. For the value to have increased from £232,500 to £251,433 over the one year and eleven months to May 2026, the following assumptions must hold true:

• The value of 9 PETER DRIVE has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The April 2024 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 9 PETER DRIVE has not materially changed since April 2024.

How Large is 9 PETER DRIVE?

9 PETER DRIVE is 72m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of terraced houses houses in Thetford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Thetford, and where 9 PETER DRIVE lies on this distribution: 7% of terraced houses houses are smaller than 9 PETER DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Thetford.

9 PETER DRIVE: Plot and Title Map

9 PETER DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 9 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 9 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 9 PETER DRIVE?

9 PETER DRIVE is located in THETFORD, in the IP24 postcode district. The below map shows the position of No. 9 on PETER DRIVE.