BAYLEYS, MILL ROAD, THOMPSON, THETFORD, IP24 1PH - £310,000

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.

BAYLEYS is a small extended semi-detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £364,693. It was last sold for £310,000 in June 2021, which was around 48% above the average June 2021 semi-detached price in the Breckland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was F, and the potential energy rating was D.

BAYLEYS Sold Prices

Land registry data shows four sales for BAYLEYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Breckland local authority area for the corresponding sale date. All of the four BAYLEYS 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
2021 9 JUN	£310,000	£208,792	48% above HPI
2019 28 JUN	£255,000	£189,373	35% above HPI
2000 10 APR	£89,000	£57,948	54% above HPI
1999 1 JUN	£76,500	£50,018	53% above HPI

BAYLEYS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Breckland local authority area over time, sourced from the HPI. The four BAYLEYS sales between June 1999 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 June 2019 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might BAYLEYS be worth now?

BAYLEYS might now be worth an estimated £364,693.

This is based on house price inflation of 17.6%, between June 2021 and May 2026, for semi-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 17.6% inflationary increase is applied to the most recent sale price for BAYLEYS of £310,000 on 9th June 2021. For the value to have increased from £310,000 to £364,693 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of BAYLEYS has moved in line with the HPI for semi-detached houses in the Breckland local authority area.
• The June 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of BAYLEYS has not materially changed since June 2021.

How Large is BAYLEYS?

BAYLEYS is 130m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of semi-detached houses houses in Thompson, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Thompson, and where BAYLEYS lies on this distribution: 34% of semi-detached houses houses are smaller than BAYLEYS, and 66% of houses are larger. Note that EPC data is not available for all properties in Thompson.

BAYLEYS: Plot and Title Map

BAYLEYS sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of BAYLEYS, 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 BAYLEYS). 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 BAYLEYS?

BAYLEYS is located on MILL ROAD in THOMPSON, in the IP24 postcode district. The below map shows the position of BAYLEYS on MILL ROAD.