5, Ocean Way
5, Ocean Way
Description & Estimates
The public record describes 5, Ocean Way, Thetford as a modern house with 1,001 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Ocean Way, Thetford has an estimated sale value of £299,687 and an estimated rental value of £1,406 per month, assuming reasonable condition and based on the information available.
Ocean Way, Thetford, IP24 lies in the borough of Breckland, within the IP24 postal district.
Our Data Sources
5, Ocean Way, Thetford has no records in the the Land Registry and a single entry in the EPC database dated September 2025.
We combine this information with public data 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
In very good condition, we estimate 5, Ocean Way, Thetford would be worth £314,671, with a potential rental value of £1,476 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £278,709, with a rental value of £1,308 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, Ocean Way, Thetford has declined by £6,509 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £47 (3.3%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
5, Ocean Way, Thetford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Sep 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 5, Ocean Way, Thetford across the last 2 years.
Most recently, 17, Ocean Way, Thetford, IP24 2GS, a freehold house, sold at £313,500 on the 27th June 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, Ocean Way, Thetford as the 18th largest and the 14th most expensive of the 35 addresses on Ocean Way, Thetford, IP24.
Against the IP24 postcode district average, it is £68k more expensive than the typical property.
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Schools Nearby
- 1.1kmAdmirals Academy
- 1.1kmRaleigh Infant Academy
- 1.4kmDrake Primary School
- 1.0kmThe Thetford Academy
- 11.4kmBreckland School
- 15.0kmIxworth High School
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Public Transport Nearby
Thetford station is the nearest stop to 5, Ocean Way, Thetford at 2.1 kilometres away.
- 2.1kmThetford
- 9.7kmHarling Road
- 10.3kmBrandon
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
