16 Old Market Street, Thetford, IP24 2EQ is a freehold semi-detached property built between 1991-1995. The property offers approximately 527 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 £250,222 , which equates to approximately £474 per square foot. It was last sold on 26 Feb 2016 for £170,000. Since then, the value has increased by £80,222, representing a 47.2% increase, or approximately 4.8% per year.

The current estimated value of £250,222 is:

  • 21.2% higher than the average property price on Old Market Street
  • 8.7% higher than the average in the IP24 2EQ postcode area
  • and 7.2% lower than the average price for Thetford as a whole

At the most recent EPC inspection on 20 August 2015, the property was recorded as owner-occupied.

View sold house prices in IP24 2EQ

Building approximate location

About Property

Type
Detached Bungalow
Built
1991-1995
Interior Size
527 sq ft
Tenure
Freehold
Price (estimate)
£250,222
Price Per sq ft (estimate)
£474
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Old Market Street, Thetford, Breckland, Norfolk, IP24 2EQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Aug 2015.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 Sep 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 11.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to electric storage heaters, changing energy efficiency from good to average.
  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency changing from good to very poor.
  • The roof construction or insulation changed from pitched, 250mm loft insulation to pitched, 250 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP24 2EQ

8 th / 34
Price Rank
9% higher than average
22 nd / 24
Size Rank
28% smaller than average
3 rd / 24
Price Per Sq FT Rank
51% higher than average

Compared to other properties in IP24 2EQ , this bungalow's estimated value ranks 8th out of 34. Based on price per square foot, it ranks 3rd out of 24 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 22th out of 24 properties in its postcode area.

Sale History

Today
£250,222
streetscan.co.uk estimate
+47 %
26 Feb 2016
£170,000
Leasehold
+21.4 %
26 May 2005
£140,000
Leasehold

Area Insights

Nearby Properties

14 Old Market Street, Thetford, IP24 2EQ
rooms: 3
size: 592 sq ft
sale price: £120,000
sale date: 17 Mar 2009
13 Old Market Street, Thetford, IP24 2EQ
rooms: 3
size: 958 sq ft
sale price: £90,000
sale date: 17 Dec 2004
Flat 1, 12 Old Market Street, Thetford, IP24 2EQ
rooms: 3
size: 560 sq ft
sale price: £186,000
sale date: 16 Jul 2018
10A Old Market Street, Thetford, IP24 2EQ
rooms: 4
size: 689 sq ft
sale price: £180,000
sale date: 27 Jan 2023
22 Old Market Street, Thetford, IP24 2EQ
rooms: 5
size: 1098 sq ft
sale price: £210,000
sale date: 16 Mar 2022

Data Sources

The property at 16 Old Market Street, Thetford, IP24 2EQ appears two times in the Land Registry records, with the latest transaction recorded on 26 Feb 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Aug 2015. 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.
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