8, Lancaster Close
8, Lancaster Close
Description & Estimates
According to the public record, 8, Lancaster Close, Thetford is a mid-century freehold house with 1,162 ft2 of internal area and sits on a 411 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Lancaster Close, Thetford is £256,557 and the estimated rental value is £1,385 per month.
Lancaster Close, Methwold, Thetford, IP26 is located in the borough of King's Lynn and West Norfolk within the IP26 postal district.
Our Data Sources
8, Lancaster Close, Thetford has 21 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated October 2020.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Lancaster Close, Thetford is in very good condition we estimate a sale value of £269,385 and a rental value of £1,454 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,598 and a rental value of £1,288 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Lancaster Close, Thetford has dropped by £8,242 (3.2%), while its estimated rental value has risen by £31 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Plot Size
According to data from HM Land Registry, 8, Lancaster Close, Thetford sits on a plot of 411 m2.
We have plot size data on 15 out of 18 other houses in the postcode and 8, Lancaster Close, Thetford sits on the 6th largest plot.
Energy Efficiency
8, Lancaster Close, Thetford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Lancaster Close, Thetford was last sold on 3rd November 2021 for £255,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2021, the market for similar properties has dropped by 3.6%.
- Sold Nov 2021£255,000
- Sold Jan 2000£58,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lancaster Close, Thetford within a radius of 4.6 kilometres over the last 2 years.
The most recent example is Rose Cottage, Millgate Street, Thetford, IP26 4NY, a freehold house which sold for £225,000 on the 23rd February 2023.
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
Lancaster Close, Methwold, Thetford, IP26 has a total of 18 addresses. According to our analysis of all the public data, 8, Lancaster Close, Thetford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in IP26.
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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
The closest station to 8, Lancaster Close, Thetford is Lakenheath station, which is 8.4 kilometres away.
- 8.4kmLakenheath
- 8.8kmBrandon
- 14.1kmShippea Hill
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
