3 Pennycress Drive

    3, PENNYCRESS DRIVE, THETFORD, IP24 2TU

    This terraced freehold property on Pennycress Drive last sold in March 2024 for £248,500. Based on price growth in the IP24 district since then, its estimated current value is £241,214 — placing it in the 35th percentile nationally and the 56th percentile within IP24. The property covers 85 m² (915 sq ft), giving an estimated value of £2,838 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £248,500

    Mar 2024

    Estimated Valuation

    £241,214

    Est. £/sq ft

    £264/sq ft

    £2,838/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateOct 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Mar 2024

    £248,500

    20 Jan 2011

    £149,000

    15 Dec 2003

    £138,000

    28 Jun 2002

    New build

    £110,950

    Key Metrics

    Estimated valuation£241,214
    Value per sq ft / m²£264/sq ft (£2,838/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP24 district percentile56th percentile
    National percentile35th 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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