Our Data Sources
1, Sovereign Way, Thetford has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Sovereign Way, Thetford would be worth £316,933, with a potential rental value of £1,481 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £280,712, with a rental value of £1,312 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
1, Sovereign Way, Thetford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Sovereign Way, Thetford last changed hands on 21st December 2022, selling for £295,000. 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 dropped by 25.2% since December 2022.
- Sold Dec 2022£295,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 193 sales of comparable properties within 1.0 kilometres of 1, Sovereign Way, Thetford across the last 2 years.
Most recently, 1, Square Rigger Way, Thetford, IP24 2GP, a freehold house, sold at £320,000 on the 6th July 2023.
Read more about house prices in IP24.
- Sold Jul 2023£320,000 | 3 Bed House1, Square Rigger Way, Thetford, IP24 2GP1, Square Rigger Way, Thetford, IP24 2GP
- Sold Jun 2023£310,000 | 3 Bed House4, Square Rigger Way, Thetford, IP24 2GP4, Square Rigger Way, Thetford, IP24 2GP
- Sold May 2023£325,000 | 3 Bed House2, Square Rigger Way, Thetford, IP24 2GP2, Square Rigger Way, Thetford, IP24 2GP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1, Sovereign Way, Thetford as the 14th largest and the 14th most expensive of the 15 addresses on Sovereign Way, Thetford, IP24.
Against the IP24 postcode district average, it is £73k more expensive than the typical property.
More reading links
Schools Nearby
- Admirals Academy900 m away
- Raleigh Infant Academy900 m away
- Drake Primary School1.2 km away
- The Thetford Academy1.0 km away
- Breckland School11.6 km away
- Ixworth High School14.7 km away
More reading links
Public Transport Nearby
- Thetford|2.0 km away
- Harling Road|9.7 km away
- Brandon|10.4 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.












