5, Mill Lane
5, Mill Lane
Description & Estimates
The public record describes 5, Mill Lane, Thetford as a period house with 839 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Mill Lane, Thetford has an estimated sale value of £283,098 and an estimated rental value of £1,185 per month, assuming reasonable condition and based on the information available.
Mill Lane, Barnham, Thetford, IP24 lies in the borough of West Suffolk, within the IP24 postal district.
Our Data Sources
5, Mill Lane, Thetford has no records in the the Land Registry and a single entry in the EPC database dated July 2025.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Mill Lane, Thetford would be worth £297,253, with a potential rental value of £1,244 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £263,282, with a rental value of £1,102 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Mill Lane, Thetford has declined by £6,149 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (3.3%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
5, Mill Lane, Thetford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Jul 2025.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.3 kilometres of 5, Mill Lane, Thetford across the last 2 years.
Most recently, Beeches, Water Lane, Thetford, IP24 2NA, a freehold house, sold at £320,000 on the 27th March 2025.
Read more about house prices in IP24.
•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 5, Mill Lane, Thetford as the 36th largest and the 17th most expensive of the 58 addresses on Mill Lane, Barnham, Thetford, IP24.
Against the IP24 postcode district average, it is £52k more expensive than the typical property.
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Schools Nearby
- 200mBarnham Church of England Voluntary Controlled Primary School
- 3.0kmQueensway Infant Academy
- 3.1kmQueensway Junior Academy
- 5.4kmThe Thetford Academy
- 10.9kmIxworth High School
- 11.8kmBreckland School
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Public Transport Nearby
Thetford station is the nearest stop to 5, Mill Lane, Thetford at 4.4 kilometres away.
- 4.4kmThetford
- 11.6kmBrandon
- 13.9kmHarling Road
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
