16 Grove Lane, Thetford, IP24 2HY is a freehold terraced property built before 1900. The property offers approximately 581 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £157,920 , which equates to approximately £272 per square foot. It was last sold on 12 Apr 2019 for £124,000. Since then, the value has increased by £33,920, representing a 27.4% increase, or approximately 4.1% per year.

The current estimated value of £157,920 is:

  • 16.9% lower than the average property price on Grove Lane
  • 12.1% lower than the average in the IP24 2HY postcode area
  • and 41.5% lower than the average price for Thetford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 27 January 2022, the property was recorded as rented.

View sold house prices in IP24 2HY

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
581 sq ft
Tenure
Freehold
Price (estimate)
£157,920
Price Per sq ft (estimate)
£272
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Grove Lane, Thetford, Breckland, Norfolk, IP24 2HY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Jan 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 15 Sep 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 1.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 75 mm loft insulation, improving energy efficiency from poor to average.
  • The wall construction or insulation changed from cob, as built to granite or whinstone, as built, no insulation (assumed), changing energy efficiency from average to very poor.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 14% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to IP24 2HY

17 th / 21
Price Rank
12% lower than average
6 th / 18
Size Rank
5% smaller than average
15 th / 18
Price Per Sq FT Rank
8% lower than average

Compared to other properties in IP24 2HY , this house's estimated value ranks 17th out of 21. Based on price per square foot, it ranks 15th out of 18 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 6th out of 18 properties in its postcode area.

Sale History

Today
£157,920
streetscan.co.uk estimate
+27 %
12 Apr 2019
£124,000
Leasehold
+30.5 %
8 Aug 2012
£95,000
Leasehold
-12 %
11 Aug 2006
£107,950
Leasehold
+23.4 %
31 Jan 2006
£87,500
Leasehold
+130.3 %
17 Mar 2000
£38,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 581 sq ft
sale price: £160,000
sale date: 31 Mar 2023
rooms: 3
size: 570 sq ft
sale price: £130,000
sale date: 12 Apr 2021
rooms: 3
size: 560 sq ft
sale price: £135,000
sale date: 10 Jul 2020
rooms: 3
size: 538 sq ft
sale price: £125,000
sale date: 5 Jun 2020
rooms: 3
size: 570 sq ft
sale price: £125,000
sale date: 22 May 2019

Data Sources

The property at 16 Grove Lane, Thetford, IP24 2HY appears five times in the Land Registry records, with the latest transaction recorded on 12 Apr 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Jan 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.