Water Lane House Water Lane

    WATER LANE HOUSE, WATER LANE, THORNHAM MAGNA, EYE, IP23 8LH

    This detached freehold property on Water Lane last sold in February 2008 for £650,000. Based on price growth in the IP23 district since then, its estimated current value is £895,810 — placing it in the 94th percentile nationally and the 97th percentile within IP23. The property covers 213 m² (2,293 sq ft), giving an estimated value of £4,206 per m². The EPC rating is E, with a potential rating of E.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,293 sq ft

    213 m²

    Last Sale Price

    £650,000

    Feb 2008

    Estimated Valuation

    £895,810

    Est. £/sq ft

    £391/sq ft

    £4,206/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms8
    Main fueloil (not community)
    EPC currentE
    EPC potentialE
    Floor area2,293 sq ft (213 m²)
    EPC dateOct 2024
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    4 Feb 2008

    £650,000

    Key Metrics

    Estimated valuation£895,810
    Value per sq ft / m²£391/sq ft (£4,206/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP23 district percentile97th percentile
    National percentile94th percentile

    District Context — IP23

    IP23 covers parts of south Norfolk and north Suffolk, situated in the rural heart of East Anglia. It is a quieter, countryside-oriented area with a notably mature demographic and strong owner-occupier character.

    Average Property Price - IP23

    £411,010

    69

    National percentile

    Average Net Household Income - IP23

    £39,589

    56

    National percentile

    10-Year Annualised Price Growth - IP23

    4.2%

    71

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP23

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