Our Data Sources
1-3, Water Lane, Thetford has a single entry in the Land Registry from April 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1-3, Water Lane, Thetford would be worth £260,683, with a potential rental value of £1,353 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £230,890, with a rental value of £1,199 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Sold Prices
1-3, Water Lane, Thetford last changed hands on 12th April 2024, selling for £247,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 28.4% since April 2024.
- Sold Apr 2024£247,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 127 sales of comparable properties within 650 metres of 1-3, Water Lane, Thetford across the last 2 years.
Most recently, 49, St. Nicholas Street, Thetford, IP24 1BG, a freehold house, sold at £215,000 on the 15th August 2025.
Read more about house prices in IP24.
- Sold Aug 2025£215,000 | 3 Bed House49, St. Nicholas Street, Thetford, IP24 1BG49, St. Nicholas Street, Thetford, IP24 1BG
- Sold Nov 2022£160,000 | 3 Bed House5, Abbey Green, Thetford, IP24 1BQ5, Abbey Green, Thetford, IP24 1BQ
- Sold Mar 2022£285,000 | 4 Bed House4, Abbeygate, Thetford, IP24 1AY4, Abbeygate, Thetford, IP24 1AY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1-3, Water Lane, Thetford as the 33rd largest and the 33rd most expensive of the 35 addresses on Water Lane, Barnham, Thetford, IP24.
Against the IP24 postcode district average, it is £19k more expensive than the typical property.
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Schools Nearby
- Norwich Road Academy400 m away
- The Bishop's Church of England Primary Academy700 m away
- Redcastle Family School800 m away
- The Thetford Academy1.5 km away
- Breckland School10.0 km away
- Ixworth High School14.3 km away
More reading links
Public Transport Nearby
- Thetford|300 m away
- Brandon|9.2 km away
- Harling Road|11.9 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
