2 Grove Lane

    2, GROVE LANE, THETFORD, IP24 2HY

    This terraced freehold property on Grove Lane last sold in March 2023 for £155,000. Based on price growth in the IP24 district since then, its estimated current value is £142,857 — placing it in the 11th percentile nationally and the 11th percentile within IP24. The property covers 53 m² (570 sq ft), giving an estimated value of £2,695 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £155,000

    Mar 2023

    Estimated Valuation

    £142,857

    Est. £/sq ft

    £250/sq ft

    £2,695/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateSept 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Mar 2023

    £155,000

    Key Metrics

    Estimated valuation£142,857
    Value per sq ft / m²£250/sq ft (£2,695/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP24 district percentile11th 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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