Local market reports › IP area › IP24 › IP24 1
Barnham market report IP24 1, Thetford
The IP24 1 (Barnham) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 4,601 HM Land Registry entries for IP24 1 (Thetford), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in IP24 1 (Thetford) came in at £240,000, out of 37 registered, up 3% on five years earlier, and the mean stands at £260,200, and by floor area homes here have averaged about £2,730 per square metre over the last five years. The record behind it is 4,601 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
IP24 1 is one sector of IP24 (Thetford): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where IP24 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What IP24 1 homes really sell for
In the IP24 1 property market, the 2026 median sale price is £240,000, from 37 registered sales; the mean, the "average house price" most sites quote, is £260,200, sitting a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in IP24 1
Measured by floor area, the last five years of IP24 1 sales average about £2,730 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Against a national (England and Wales) median of £285,000, IP24 1 runs 16% below it.
A typical IP24 1 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £240,000 | £240,000 | 37 |
| 2025 | £225,000 | £230,380 | 115 |
| 2024 | £220,500 | £234,437 | 92 |
| 2023 | £232,200 | £255,131 | 98 |
| 2022 | £260,000 | £304,880 | 112 |
| 2021 | £232,500 | £294,375 | 140 |
| 2020 | £200,000 | £259,504 | 92 |
| 2019 | £195,000 | £255,598 | 117 |
| 2018 | £188,000 | £250,608 | 124 |
| 2017 | £171,000 | £233,227 | 125 |
| 2016 | £172,500 | £241,329 | 129 |
| 2015 | £160,000 | £226,080 | 157 |
| 2014 | £140,000 | £198,614 | 139 |
| 2013 | £132,000 | £189,935 | 110 |
| 2012 | £145,000 | £213,422 | 77 |
| 2011 | £123,000 | £185,683 | 97 |
| 2010 | £125,000 | £196,032 | 71 |
| 2009 | £115,000 | £184,863 | 83 |
| 2008 | £125,000 | £204,901 | 107 |
| 2007 | £145,000 | £245,960 | 211 |
| 2006 | £135,000 | £234,343 | 249 |
| 2005 | £117,000 | £208,213 | 211 |
| 2004 | £109,700 | £199,237 | 222 |
| 2003 | £95,000 | £175,013 | 244 |
| 2002 | £75,000 | £141,112 | 233 |
| 2001 | £62,700 | £120,538 | 214 |
| 2000 | £51,000 | £100,088 | 201 |
| 1999 | £47,000 | £93,669 | 198 |
| 1998 | £43,000 | £86,799 | 182 |
| 1997 | £43,200 | £88,594 | 152 |
| 1996 | £41,500 | £87,522 | 135 |
| 1995 | £40,000 | £86,954 | 127 |
In cash terms the typical IP24 1 home went from £40,000 in 1995 to £240,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 176%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2022, and today's median remains roughly 21% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the IP24 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+26.7% on the year before); the weakest, 2008 (−13.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +6.7% | +4.2% |
| 5 years (since 2021) | +0.6% | −4.0% |
| 10 years (since 2016) | +3.4% | −0.1% |
| 20 years (since 2006) | +2.9% | +0.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Sales activity in IP24 1
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Over the last twelve months of data, 37 sales completed in IP24 1. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 223 sales a year before the financial crisis and 91 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The rental side of IP24 1
The local authority for IP24 1 is Breckland, and its ONS average private rent currently stands at £920 a month (May 2026 figures). Size sets most of the rent: one-beds average £659 a month here against £1,507 for four or more bedrooms.
Average monthly rent by size, Breckland
ONS Price Index of Private Rents, May 2026.
Set against the £240,000 median sold price, £920 a month is £11,040 a year, a gross yield of 4.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Reading the IP24 1 market
This is a thin market: 37 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Against the IP24 district median, IP24 1 sits 8% higher, marking it as a dearer pocket of the district.
Common questions on IP24 1 (Barnham)
Is IP24 1 (Barnham) a good place to buy a house?
How much did a house sell for in IP24 1 (Barnham)?
Are property prices falling in IP24 1 (Barnham)?
Will IP24 1 prices rise from here?
No honest page predicts prices, so this one sticks to the record: the median is up 3% over five years in cash but down 18% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
IP24's current homes for sale
The live side of the market holds 69 homes at the moment, listed by 6 agents publishing to HomesIndex.
These cover the whole IP24 district, not just IP24 1: live asking prices are collected per district.
31% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every IP24 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in IP: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the IP area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £297,500 | £400,000 (+34%) | £587,000 (+47%) | £800,000 (+36%) |
| Semi-detached | £215,000 | £252,000 (+17%) | £295,000 (+17%) | £380,750 (+29%) | £527,500 (+39%) |
| Terraced | £195,000 | £220,000 (+13%) | £260,000 (+18%) | £337,500 (+30%) | £510,000 (+51%) |
| Flat | £136,750 | £180,000 (+32%) | £290,000 (+61%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the IP area is the point: the same five years treated these districts very differently.
Winners and losers across the IP area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in IP24
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of IP24, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| IP24 2 | £225,000 | 61 |
| IP24 3 | £202,500 | 28 |
Zoom out to the full IP24 district report for the type split, monthly volumes and how IP24 compares with its neighbours.
Before you sell in IP24 1: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at IP24 1's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim IP24 1.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to IP24 1. Free after a one click sign in.
Two maps carry on from here: every IP24 1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.