2 Pennycress Drive

    2, PENNYCRESS DRIVE, THETFORD, IP24 2TU

    This detached freehold property on Pennycress Drive last sold in October 2012 for £218,000. Based on price growth in the IP24 district since then, its estimated current value is £359,243 — placing it in the 61st percentile nationally and the 88th percentile within IP24. The property covers 128 m² (1,378 sq ft), giving an estimated value of £2,807 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,378 sq ft

    128 m²

    Last Sale Price

    £218,000

    Oct 2012

    Estimated Valuation

    £359,243

    Est. £/sq ft

    £261/sq ft

    £2,807/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms11
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,378 sq ft (128 m²)
    EPC dateMay 2026
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Oct 2012

    £218,000

    22 Mar 2002

    New build

    £157,950

    Key Metrics

    Estimated valuation£359,243
    Value per sq ft / m²£261/sq ft (£2,807/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP24 district percentile88th percentile
    National percentile61st 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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