Water Lane - IP24 2NA
Key Postcode Insights
IP24 2NA is a residential postcode situated on Water Lane, Barnham, Thetford, IP24 with 32 addresses.
It ranks as the 614th largest and 660th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 32 properties: 22 houses and 10 other properties.
- Ave. Sale Price
- £418,995
- 10 Year change
- up 22.4%
- Ave. Rental Price
- £1,813pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
IP24 2NA is a residential postcode situated on Water Lane, Barnham, Thetford, IP24 with 32 addresses.
It ranks as the 614th largest and 660th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 32 properties: 22 houses and 10 other properties.
- Ave. Sale Price
- £418,995
- 10 Year change
- up 22.4%
- Ave. Rental Price
- £1,813pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Properties in IP24 2NA
- Anderbeek
4 Bed Mid-century House
- Beeches
3 Bed Mid-century House
- Biando
House
- Blencathra
4 Bed Mid-century House
- Carlisle House
4 Bed Mid-century House
Sales Market Trends
The last sale in IP24 2NA sold for £385,000 on 2nd September 2025. Since then prices are down an average of 4.0%.
The current average value in the postcode is £418,995.
The IP24 2NA Sales Market has increased by 22.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £418,995 |
| June 2025 | -0.1% | £437,587 |
| June 2024 | -2.9% | £437,824 |
| June 2023 | 0.6% | £450,785 |
| June 2022 | 11.2% | £447,912 |
| June 2021 | 7.2% | £402,664 |
| June 2020 | 1.8% | £375,794 |
| June 2019 | 0.7% | £369,246 |
| June 2018 | 2.9% | £366,538 |
| June 2017 | 4.1% | £356,353 |
| June 2016 | 8.9% | £342,262 |
| June 2015 | 7.3% | £314,287 |
| June 2014 | 10.9% | £293,028 |
| June 2013 | 1.7% | £264,217 |
| June 2012 | 0.8% | £259,811 |
| June 2011 | -0.6% | £257,655 |
| June 2010 | 9.8% | £259,234 |
| June 2009 | -14% | £236,035 |
| June 2008 | -3.8% | £274,449 |
| June 2007 | 0% | £285,393 |
Rental Market Trends
The current average rental value in the postcode is £1,813.
The IP24 2NA Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,813pcm |
| June 2025 | 4.7% | £1,771pcm |
| June 2024 | 3.8% | £1,691pcm |
| June 2023 | 4.5% | £1,629pcm |
| June 2022 | 7.2% | £1,559pcm |
| June 2021 | 7.7% | £1,454pcm |
| June 2020 | 1.5% | £1,350pcm |
| June 2019 | 0.5% | £1,331pcm |
| June 2018 | 3.2% | £1,325pcm |
| June 2017 | 3.1% | £1,284pcm |
| June 2016 | 3.2% | £1,245pcm |
| June 2015 | 3.4% | £1,206pcm |
| June 2014 | 6.8% | £1,167pcm |
| June 2013 | 4% | £1,093pcm |
| June 2012 | -1.4% | £1,051pcm |
| June 2011 | 7% | £1,065pcm |
| June 2010 | 5.1% | £995pcm |
| June 2009 | -8% | £947pcm |
| June 2008 | 0.3% | £1,030pcm |
| June 2007 | 0% | £1,026pcm |
Sales History
The last recorded sale was on 2nd September 2025 for £385,000 and since then the market in the area has decreased by 4.0%.
IP24 2NA has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Sep 2025£385,000 | 4 Bed HouseCarlisle House, Water Lane, Thetford, IP24 2NACarlisle House, Water Lane, Thetford, IP24 2NA
- Sold Mar 2025£320,000 | 3 Bed HouseBeeches, Water Lane, Thetford, IP24 2NABeeches, Water Lane, Thetford, IP24 2NA
- Sold Feb 2025£490,000 | 4 Bed HousePrimrose Cottage, Water Lane, Thetford, IP24 2NAPrimrose Cottage, Water Lane, Thetford, IP24 2NA
Nearby Postcodes
IP24 2NA is the 614th largest and the 660th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 2NB, Church Lane, Barnham, Thetford, IP24IP24 2NB5 Addresses|89 m away
- IP24 2NE, Blacksmith Lane, Barnham, Thetford, IP24IP24 2NE10 Addresses|144 m away
- IP24 2ND, Tower Cottages, Barnham, Thetford, IP24IP24 2ND5 Addresses|171 m away
- IP24 2NJ, Euston Road, Barnham, Thetford, IP24IP24 2NJ14 Addresses|193 m away
- IP24 2NX, St. Martins Meadow, Barnham, Thetford, IP24IP24 2NX5 Addresses|248 m away
Property Types
- 2 period houses built between 1800 and 1911
- 5 modern houses built after 1980
- 13 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 10 other addresses of unknown type
- period house (2)
- modern house (5)
- mid-century house (13)
- house (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 20 properties.
- The most common rating is E.
- A (0)
- E (8)
- B (1)
- F (2)
- C (2)
- G (0)
- D (7)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Sep 2021£675,000 | 5 Bed HouseWater Meadows, Water Lane, Thetford, IP24 2NAWater Meadows, Water Lane, Thetford, IP24 2NA
- Sold Nov 2023£575,000 | 5 Bed HouseMillford, Water Lane, Thetford, IP24 2NAMillford, Water Lane, Thetford, IP24 2NA
- Sold Feb 2025£490,000 | 4 Bed HousePrimrose Cottage, Water Lane, Thetford, IP24 2NAPrimrose Cottage, Water Lane, Thetford, IP24 2NA
Schools Nearby
- Barnham Church of England Voluntary Controlled Primary School400 m away
- Queensway Infant Academy2.9 km away
- Queensway Junior Academy3.0 km away
- The Thetford Academy5.3 km away
- Ixworth High School10.8 km away
- Breckland School11.9 km away
More reading links
Public Transport Nearby
The closest station to IP24 2NA is Thetford station, which is 4.4 kilometres away.
- Thetford|4.4 km away
- Brandon|11.7 km away
- Harling Road|13.7 km away
- Bury St Edmunds|14.2 km away
