7, Lancaster Close
7, Lancaster Close
Description & Estimates
Public records show 7, Lancaster Close, Thetford to be a mid-century freehold house with 990 ft2 of internal area, sitting on a 344 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Lancaster Close, Thetford has an estimated sale value of £236,365 and an estimated rental value of £1,301 per month, assuming reasonable condition and based on the information available.
Lancaster Close, Methwold, Thetford, IP26 lies in the borough of King's Lynn and West Norfolk, within the IP26 postal district.
Our Data Sources
7, Lancaster Close, Thetford has 41 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Lancaster Close, Thetford would be worth £248,183, with a potential rental value of £1,366 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £219,819, with a rental value of £1,210 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 7, Lancaster Close, Thetford has dropped by £7,594 (3.2%) over the last year. During the same period, its estimated monthly rental value has risen by £29 (2.2%). The property's estimated gross yield is currently 6.6%.
Plot Size
7, Lancaster Close, Thetford occupies a 344 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 15 have recorded plot sizes, and this one ranks as the 10th largest.
Energy Efficiency
7, Lancaster Close, Thetford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
7, Lancaster Close, Thetford last changed hands on 12th March 2021, selling for £225,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 4.5% since March 2021.
- Sold Mar 2021£225,000
- Sold Jul 2010£130,000
- Sold May 2001£85,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.7 kilometres of 7, Lancaster Close, Thetford across the last 2 years.
Most recently, 2, Millgate Street, Thetford, IP26 4NY, a freehold house, sold at £242,500 on the 13th December 2024.
Read more about house prices in IP26.
•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 7, Lancaster Close, Thetford as the 6th largest and the 6th most expensive of the 18 addresses on Lancaster Close, Methwold, Thetford, IP26.
Against the IP26 postcode district average, it is £14k less expensive than the typical property.
More reading links
Schools Nearby
- 500mDuchy of Lancaster Methwold CofE Primary School
- 2.9kmThe Norman Church of England Primary School, Northwold
- 4.2kmEdmund de Moundeford VC Primary School, Feltwell
- 600mIceni Secondary Academy
- 9.6kmBreckland School
- 14.6kmDownham Market Academy
More reading links
Public Transport Nearby
Lakenheath station is the nearest stop to 7, Lancaster Close, Thetford at 8.4 kilometres away.
- 8.4kmLakenheath
- 8.8kmBrandon
- 14.1kmShippea Hill
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.
