16 Grove Lane

    16, GROVE LANE, THETFORD, IP24 2HY

    This terraced freehold property on Grove Lane last sold in April 2019 for £124,000. Based on price growth in the IP24 district since then, its estimated current value is £140,842 — placing it in the 11th percentile nationally and the 10th percentile within IP24. The property covers 54 m² (581 sq ft), giving an estimated value of £2,608 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £124,000

    Apr 2019

    Estimated Valuation

    £140,842

    Est. £/sq ft

    £242/sq ft

    £2,608/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateJan 2022
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Apr 2019

    £124,000

    8 Aug 2012

    £95,000

    11 Aug 2006

    £107,950

    31 Jan 2006

    £87,500

    17 Mar 2000

    £38,000

    Key Metrics

    Estimated valuation£140,842
    Value per sq ft / m²£242/sq ft (£2,608/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP24 district percentile10th percentile
    National percentile11th percentile

    District Context — IP24

    IP24 covers rural areas in central Norfolk, positioned between Norwich and the Fenlands. It is a quiet, agricultural region with a traditional character and strong community identity.

    Average Property Price - IP24

    £247,644

    27

    National percentile

    Average Net Household Income - IP24

    £38,004

    49

    National percentile

    10-Year Annualised Price Growth - IP24

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP24

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