2, Old School Close
2, Old School Close
Description & Estimates
2, Old School Close, Thetford is recorded publicly as a modern freehold house across 1,216 ft2 of internal area, sitting on a 258 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Old School Close, Thetford is £258,863 and its rental estimate is £1,445 per month, given the available information and assuming reasonable condition.
Old School Close, Feltwell, Thetford, IP26 falls within the IP26 postal district, in the borough of King's Lynn and West Norfolk.
Our Data Sources
2, Old School Close, Thetford has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Old School Close, Thetford, we estimate a market value of £271,806 and a rental value of £1,517 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,742 and £1,343 per month respectively.
Recent Market Change
Over the last year, 2, Old School Close, Thetford has seen its estimated sale value decrease by £9,954 (3.8%) and its estimated rental value grow by £25 per month (1.8%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 2, Old School Close, Thetford as measuring 258 m2.
That makes it the 3rd largest plot in the postcode, where all 12 other houses have recorded plot data.
Energy Efficiency
2, Old School Close, Thetford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Old School Close, Thetford completed on 2nd December 2016 at £175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 20.9% over the period since December 2016.
- Sold Dec 2016£175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Old School Close, Thetford have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th February 2022, was 1, Old School Close, Thetford, IP26 4EE, a freehold house which sold for £235,000.
Read more about house prices in IP26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on Old School Close, Feltwell, Thetford, IP26, 2, Old School Close, Thetford comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £8k more expensive than the average property across the IP26 district.
More reading links
Schools Nearby
- 200mEdmund de Moundeford VC Primary School, Feltwell
- 3.4kmIceni Primary Academy
- 4.0kmDuchy of Lancaster Methwold CofE Primary School
- 4.8kmIceni Secondary Academy
- 7.6kmBreckland School
- 15.8kmVista Academy Littleport
More reading links
Public Transport Nearby
From 2, Old School Close, Thetford, the nearest station is Lakenheath, 4.6 kilometres away.
- 4.6kmLakenheath
- 7.8kmBrandon
- 9.9kmShippea Hill
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
