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Barnham market report IP24 2, Thetford
The standing IP24 2 (Barnham) property market report, rebuilt from the full public record every month. The raw material for this page is 7,349 HM Land Registry entries for IP24 2 (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: 61 registered 2026 sales put the IP24 2 (Thetford) median at £225,000, up 2% on five years earlier, with a mean of £258,500, and by floor area homes here have averaged about £2,920 per square metre over the last five years. Everything rests on 7,349 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
IP24 2 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 2 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.
Today's IP24 2 prices, from the sold record
Take the 61 registered 2026 sales in IP24 2 and the middle price, the median, is £225,000. The mean lands at £258,500, modestly above it, the usual shape of a market with an expensive tail.
What a square metre costs in IP24 2
By floor space, homes in IP24 2 have sold for about £2,920 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
For scale: the England and Wales median is £285,000, so IP24 2 trades 21% below the country as a whole.
A typical IP24 2 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 | £225,000 | £225,000 | 61 |
| 2025 | £245,000 | £250,859 | 183 |
| 2024 | £255,000 | £271,117 | 185 |
| 2023 | £270,000 | £296,664 | 190 |
| 2022 | £264,000 | £309,570 | 214 |
| 2021 | £220,000 | £278,548 | 208 |
| 2020 | £219,500 | £284,806 | 156 |
| 2019 | £205,000 | £268,706 | 165 |
| 2018 | £205,000 | £273,269 | 166 |
| 2017 | £180,000 | £245,502 | 180 |
| 2016 | £179,000 | £250,423 | 189 |
| 2015 | £165,000 | £233,145 | 171 |
| 2014 | £164,000 | £232,663 | 199 |
| 2013 | £147,000 | £211,518 | 178 |
| 2012 | £137,500 | £202,383 | 153 |
| 2011 | £130,000 | £196,250 | 157 |
| 2010 | £145,000 | £227,397 | 141 |
| 2009 | £130,000 | £208,976 | 135 |
| 2008 | £141,000 | £231,129 | 139 |
| 2007 | £147,500 | £250,201 | 301 |
| 2006 | £137,000 | £237,814 | 413 |
| 2005 | £130,000 | £231,348 | 333 |
| 2004 | £128,800 | £233,926 | 366 |
| 2003 | £109,500 | £201,726 | 390 |
| 2002 | £92,500 | £174,038 | 365 |
| 2001 | £70,000 | £134,571 | 287 |
| 2000 | £66,000 | £129,525 | 305 |
| 1999 | £57,500 | £114,594 | 365 |
| 1998 | £52,500 | £105,975 | 330 |
| 1997 | £52,000 | £106,642 | 274 |
| 1996 | £52,000 | £109,666 | 256 |
| 1995 | £46,700 | £101,519 | 194 |
In cash terms the typical IP24 2 home went from £46,700 in 1995 to £225,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 122%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 27% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the IP24 2 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 2002 (+32.1% on the year before); the weakest, 2011 (−10.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −8.2% | −10.3% |
| 5 years (since 2021) | +0.5% | −4.2% |
| 10 years (since 2016) | +2.3% | −1.1% |
| 20 years (since 2006) | +2.5% | −0.3% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
The turnover behind the prices
The year-by-year sales count
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, 61 sales completed in IP24 2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 345 sales a year before the financial crisis and 167 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
Rents around IP24 2
IP24 2 falls under Breckland, where the ONS puts the average private rent at £920 a month (May 2026 figures). The spread runs from £659 a month for a typical one-bed to £1,507 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Breckland
ONS Price Index of Private Rents, May 2026.
Set against the £225,000 median sold price, £920 a month is £11,040 a year, a gross yield of 4.9%: 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.
What people ask about IP24 2 (Barnham)
How much did a house sell for in IP24 2 (Barnham)?
Are property prices falling in IP24 2 (Barnham)?
Is IP24 2 (Barnham) a good place to buy a house?
Where do IP24 2 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 19% 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 2: live asking prices are collected per district.
Of everything listed here, 31% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
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 →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in IP
Real sold prices by size across the IP area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is 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 districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in IP24
A few minutes' walk can separate two very different markets. Here are IP24's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| IP24 1 | £240,000 | 37 |
| 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.
Thinking of selling in IP24 2? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in IP24 2, open the average prices map and zoom from the IP24 2 shading down to the sold homes on your own street. Every recorded IP24 2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim IP24 2.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to IP24 2. Free after a one click sign in.
The live map plots every individual IP24 2 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on 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.