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IP24 1BB
Home, House Prices, Water Lane, Breckland, East of England
IP24 1BB

Water Lane - IP24 1BB

Last updated Jul 2026

Key Postcode Insights

IP24 1BB is a residential postcode situated on Water Lane, Barnham, Thetford, IP24 with 3 addresses.

It ranks as the 73rd largest and 456th most expensive of the 734 postcodes in the IP24 area.

The postcode contains a total of 3 properties: 3 houses.

Ave. Sale Price
£243,459
10 Year change
up 21.9%
Ave. Rental Price
£1,288pcm
10 Year change
up 44.3%
Ave. £ per ft²
£242/ft²
Ave. Gross Yield
6.3%/year/yr
All figures are subject to T&Cs
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Explore Propertiesin IP24 1BB

House
2 houses
Group
0 flats

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Sales Market Trends

The last sale in IP24 1BB sold for £247,500 on 12th April 2024. Since then prices are down an average of 2.9%.

The current average value in the postcode is £243,459.
The IP24 1BB Sales Market has increased by 21.9% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-3.7%£243,459
June 20250.2%£252,913
June 2024-3.3%£252,478
June 20230.3%£261,162
June 202211.9%£260,286
June 20217%£232,556
June 20201.1%£217,388
June 20190.7%£214,968
June 20183.1%£213,470
June 20173.7%£206,989
June 20169.6%£199,691
June 20158.5%£182,264
June 201411.9%£167,989
June 20131.3%£150,174
June 20121.3%£148,312
June 2011-1.2%£146,477
June 20108.4%£148,274
June 2009-15.6%£136,784
June 2008-3.8%£162,112
June 20070%£168,569
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Rental Market Trends

The current average rental value in the postcode is £1,288.
The IP24 1BB Rental Market has increased by 44.3% over the last 10 years.

PeriodYear on YearAverage Price
June 20263%£1,288pcm
June 20255.1%£1,251pcm
June 20243.1%£1,191pcm
June 20233.8%£1,155pcm
June 20227.6%£1,113pcm
June 20217.1%£1,034pcm
June 20201.1%£965pcm
June 20190.1%£955pcm
June 20183.6%£954pcm
June 20173.2%£921pcm
June 20163.1%£893pcm
June 20154.6%£865pcm
June 20147.9%£828pcm
June 20133.8%£767pcm
June 2012-1.3%£739pcm
June 20117.4%£749pcm
June 20103.5%£698pcm
June 2009-9.7%£674pcm
June 20080.3%£747pcm
June 20070%£744pcm
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Nearby Postcodes

IP24 1BB is the 73rd largest and the 456th most expensive postcode out of the 734 postcodes in the IP24 area.

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Property Types

  • 1 mid-century house built between 1936 and 1979
  • 1 house of an unknown age
  • 1 other address of unknown type
  • mid-century house (1)
  • house (1)
  • Unknown (1)
Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys conducted for 1 property.
  • The most common rating is E.
  • A (0)
  • E (1)
  • B (0)
  • F (0)
  • C (0)
  • G (0)
  • D (0)
  • No EPC (2)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to IP24 1BB is Norwich Road Academy, which is 400 metres away.
  • Norwich Road Academy
    400 m away
  • The Bishop's Church of England Primary Academy
    700 m away
  • Redcastle Family School
    800 m away
The nearest secondary school is The Thetford Academy, which is 1.5 kilometres away.
  • The Thetford Academy
    1.5 km away
  • Breckland School
    10.0 km away
  • Ixworth High School
    14.3 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to IP24 1BB is Thetford station, which is 300 metres away.

  • Thetford
    |
    300 m away
  • Brandon
    |
    9.2 km away
  • Harling Road
    |
    11.9 km away
  • Lakenheath
    |
    14.7 km away
Source: National Rail
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