Grove Lane - IP24 2HY
Key Postcode Insights
IP24 2HY is a residential postcode situated on Grove Lane, Thetford, IP24 with 22 addresses.
It ranks as the 514th largest and 172nd most expensive of the 734 postcodes in the IP24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £184,488
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,011pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £291/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
IP24 2HY is a residential postcode situated on Grove Lane, Thetford, IP24 with 22 addresses.
It ranks as the 514th largest and 172nd most expensive of the 734 postcodes in the IP24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £184,488
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,011pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £291/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin IP24 2HY
- 2 Grove Lane
3 Bed Period House
- 3 Grove Lane
2 Bed Modern House
- 5 Grove Lane
2 Bed Modern House
- 6 Grove Lane
Unknown
- 7 Grove Lane
2 Bed Modern House
Sales Market Trends
The last sale in IP24 2HY sold for £180,000 on 12th March 2026. Since then prices are down an average of 0.1%.
The current average value in the postcode is £184,488.
The IP24 2HY Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £184,488 |
| June 2025 | 0.2% | £191,587 |
| June 2024 | -3.3% | £191,226 |
| June 2023 | 0.3% | £197,847 |
| June 2022 | 11.9% | £197,202 |
| June 2021 | 7% | £176,261 |
| June 2020 | 1.2% | £164,727 |
| June 2019 | 0.7% | £162,845 |
| June 2018 | 3.1% | £161,750 |
| June 2017 | 3.6% | £156,854 |
| June 2016 | 9.6% | £151,390 |
| June 2015 | 8.5% | £138,099 |
| June 2014 | 11.9% | £127,294 |
| June 2013 | 1.2% | £113,779 |
| June 2012 | 1.3% | £112,380 |
| June 2011 | -1.2% | £110,976 |
| June 2010 | 8.4% | £112,350 |
| June 2009 | -15.7% | £103,639 |
| June 2008 | -3.8% | £122,877 |
| June 2007 | 0% | £127,782 |
Rental Market Trends
The current average rental value in the postcode is £1,011.
The IP24 2HY Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,011pcm |
| June 2025 | 5.1% | £982pcm |
| June 2024 | 3.1% | £934pcm |
| June 2023 | 3.8% | £906pcm |
| June 2022 | 7.6% | £873pcm |
| June 2021 | 7.1% | £812pcm |
| June 2020 | 1.1% | £758pcm |
| June 2019 | 0.1% | £749pcm |
| June 2018 | 3.6% | £749pcm |
| June 2017 | 3.1% | £723pcm |
| June 2016 | 3.2% | £701pcm |
| June 2015 | 4.5% | £679pcm |
| June 2014 | 8% | £650pcm |
| June 2013 | 3.7% | £602pcm |
| June 2012 | -1.3% | £580pcm |
| June 2011 | 7.4% | £588pcm |
| June 2010 | 3.5% | £547pcm |
| June 2009 | -9.8% | £529pcm |
| June 2008 | 0.3% | £586pcm |
| June 2007 | 0% | £585pcm |
Sales History
The last sale was on 12th March 2026 for £180,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 55 sales since 1995.
IP24 2HY has seen 5 sales in the last three years and 2 sales in the last twelve months.
- Sold Mar 2026£180,000 | 2 Bed House23, Grove Lane, Thetford, IP24 2HY23, Grove Lane, Thetford, IP24 2HY
- Sold Feb 2026£212,500 | 3 Bed House13, Grove Lane, Thetford, IP24 2HY13, Grove Lane, Thetford, IP24 2HY
- Sold Mar 2023£160,000 | 2 Bed House5, Grove Lane, Thetford, IP24 2HY5, Grove Lane, Thetford, IP24 2HY
- Sold Mar 2023£255,000 | 3 Bed House27, Grove Lane, Thetford, IP24 2HY27, Grove Lane, Thetford, IP24 2HY
- Sold Mar 2023£155,000 | 3 Bed House2, Grove Lane, Thetford, IP24 2HY2, Grove Lane, Thetford, IP24 2HY
Nearby Postcodes
IP24 2HY is the 514th largest and the 172nd most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 2HW, Lime Grove, Thetford, IP24IP24 2HW10 Addresses|45 m away
- IP24 2AD, Earls Street, Thetford, IP24IP24 2AD45 Addresses|90 m away
- IP24 2DQ, Millington Court, Thetford, IP24IP24 2DQ12 Addresses|113 m away
- IP24 2AF, Earls Street, Thetford, IP24IP24 2AF16 Addresses|115 m away
- IP24 2BS, Sutherland Court, Thetford, IP24IP24 2BS9 Addresses|118 m away
Property Types
- 7 period houses built between 1800 and 1911
- 10 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- period house (7)
- modern house (10)
- mid-century house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (1)
- F (0)
- C (5)
- G (1)
- D (10)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Apr 2018£400,000 | 3 Bed House2, Grove Lane, Thetford, IP24 2HY2, Grove Lane, Thetford, IP24 2HY
- Sold Mar 2023£255,000 | 3 Bed House27, Grove Lane, Thetford, IP24 2HY27, Grove Lane, Thetford, IP24 2HY
- Sold Feb 2026£212,500 | 3 Bed House13, Grove Lane, Thetford, IP24 2HY13, Grove Lane, Thetford, IP24 2HY
Schools Nearby
- Norwich Road Academy100 m away
- Drake Primary School800 m away
- Admirals Academy1.0 km away
- The Thetford Academy1.4 km away
- Breckland School10.5 km away
- Ixworth High School14.0 km away
More reading links
Public Transport Nearby
The closest station to IP24 2HY is Thetford station, which is 600 metres away.
- Thetford|600 m away
- Brandon|9.6 km away
- Harling Road|11.5 km away
- Lakenheath|15.2 km away
