Mill Lane - IP24 2NG
Key Postcode Insights
IP24 2NG is a residential postcode situated on Mill Lane, Barnham, Thetford, IP24 with 9 addresses.
It ranks as the 256th largest and 458th 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 9 properties: 9 houses.
- Ave. Sale Price
- £319,168
- 10 Year change
- up 22.4%
- Ave. Rental Price
- £1,520pcm
- 10 Year change
- up 45.6%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
IP24 2NG is a residential postcode situated on Mill Lane, Barnham, Thetford, IP24 with 9 addresses.
It ranks as the 256th largest and 458th 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 9 properties: 9 houses.
- Ave. Sale Price
- £319,168
- 10 Year change
- up 22.4%
- Ave. Rental Price
- £1,520pcm
- 10 Year change
- up 45.6%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin IP24 2NG
- Mill House
4 Bed Period House
- Millfield Barn
4 Bed Period House
- The Old Mill
5 Bed Period House
- 30 Mill Lane
Unknown
- 31 Mill Lane
3 Bed Modern House
Sales Market Trends
The last sale in IP24 2NG sold for £400,000 on 13th May 2026. Since then prices are down an average of 0.7%.
The current average value in the postcode is £319,168.
The IP24 2NG Sales Market has increased by 22.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £319,168 |
| June 2025 | 0% | £333,208 |
| June 2024 | -2.9% | £333,323 |
| June 2023 | 0.6% | £343,271 |
| June 2022 | 11.3% | £341,161 |
| June 2021 | 7.1% | £306,644 |
| June 2020 | 1.8% | £286,251 |
| June 2019 | 0.7% | £281,326 |
| June 2018 | 2.9% | £279,305 |
| June 2017 | 4.1% | £271,511 |
| June 2016 | 8.9% | £260,785 |
| June 2015 | 7.3% | £239,419 |
| June 2014 | 10.9% | £223,105 |
| June 2013 | 1.7% | £201,102 |
| June 2012 | 0.9% | £197,800 |
| June 2011 | -0.6% | £196,125 |
| June 2010 | 9.8% | £197,361 |
| June 2009 | -14.1% | £179,817 |
| June 2008 | -3.8% | £209,237 |
| June 2007 | 0% | £217,565 |
Rental Market Trends
The current average rental value in the postcode is £1,520.
The IP24 2NG Rental Market has increased by 45.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,520pcm |
| June 2025 | 4.8% | £1,484pcm |
| June 2024 | 3.8% | £1,417pcm |
| June 2023 | 4.5% | £1,365pcm |
| June 2022 | 7.2% | £1,306pcm |
| June 2021 | 7.7% | £1,219pcm |
| June 2020 | 1.4% | £1,132pcm |
| June 2019 | 0.4% | £1,116pcm |
| June 2018 | 3.2% | £1,111pcm |
| June 2017 | 3.1% | £1,076pcm |
| June 2016 | 3.2% | £1,044pcm |
| June 2015 | 3.4% | £1,011pcm |
| June 2014 | 6.8% | £978pcm |
| June 2013 | 4% | £915pcm |
| June 2012 | -1.3% | £880pcm |
| June 2011 | 7% | £892pcm |
| June 2010 | 5% | £834pcm |
| June 2009 | -8.1% | £794pcm |
| June 2008 | 0.4% | £864pcm |
| June 2007 | 0% | £861pcm |
Sales History
The last sale was on 13th May 2026 for £400,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 12 sales since 1995.
IP24 2NG has seen 4 sales in the last three years and 3 sales in the last twelve months.
- Sold May 2026£400,000 | 5 Bed HouseThe Old Mill, Mill Lane, Thetford, IP24 2NGThe Old Mill, Mill Lane, Thetford, IP24 2NG
- Sold Jan 2026£252,000 | 3 Bed House32, Mill Lane, Thetford, IP24 2NG32, Mill Lane, Thetford, IP24 2NG
- Sold Sep 2025£258,000 | 3 Bed House33, Mill Lane, Thetford, IP24 2NG33, Mill Lane, Thetford, IP24 2NG
- Sold Sep 2023£262,500 | 3 Bed House32, Mill Lane, Thetford, IP24 2NG32, Mill Lane, Thetford, IP24 2NG
- Sold Jul 2018£225,000 | 3 Bed House32, Mill Lane, Thetford, IP24 2NG32, Mill Lane, Thetford, IP24 2NG
Nearby Postcodes
IP24 2NG is the 256th largest and the 458th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 2NF, The Street, Barnham, Thetford, IP24IP24 2NF13 Addresses|175 m away
- IP24 2NQ, St. Martins Lane, Barnham, Thetford, IP24IP24 2NQ35 Addresses|183 m away
- IP24 2NH, Mill Lane, Barnham, Thetford, IP24IP24 2NH14 Addresses|205 m away
- IP24 2NX, St. Martins Meadow, Barnham, Thetford, IP24IP24 2NX5 Addresses|286 m away
- IP24 2NE, Blacksmith Lane, Barnham, Thetford, IP24IP24 2NE10 Addresses|300 m away
Property Types
- 3 period houses built between 1800 and 1911
- 5 modern houses built after 1980
- 1 other address of unknown type
- period house (3)
- modern house (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (1)
- C (0)
- G (0)
- D (3)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2025£930,000 | 5 Bed HouseNunthorpe House, Mill Lane, Thetford, IP24 3BZNunthorpe House, Mill Lane, Thetford, IP24 3BZ
- Sold Mar 2002£495,000 | 5 Bed HouseNunthorpe House, Mill Lane, Thetford, IP24 3BZNunthorpe House, Mill Lane, Thetford, IP24 3BZ
- Sold Jun 2016£420,000 | 5 Bed House22, Mill Lane, Thetford, IP24 3BZ22, Mill Lane, Thetford, IP24 3BZ
Schools Nearby
- Barnham Church of England Voluntary Controlled Primary School100 m away
- Queensway Infant Academy3.2 km away
- Queensway Junior Academy3.3 km away
- The Thetford Academy5.6 km away
- Ixworth High School10.8 km away
- Breckland School11.8 km away
More reading links
Public Transport Nearby
The closest station to IP24 2NG is Thetford station, which is 4.6 kilometres away.
- Thetford|4.6 km away
- Brandon|11.7 km away
- Bury St Edmunds|13.9 km away
- Harling Road|14.1 km away