Local market reports › IP area › IP24
Barnham market report IP24, Thetford
The standing IP24 (Barnham) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 15,082 sales registered with HM Land Registry in IP24 (Thetford) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical IP24 (Thetford) home changed hands for £222,500 in 2026 (median of 126 registered sales, up 1% on five years earlier), with the mean at £252,500, and by floor area homes here have averaged about £2,780 per square metre over the last five years. Source: 15,082 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
IP24 is a postcode district covering Thetford, Barnham, Great Hockham in Thetford. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where IP24 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.
IP24 sold prices: where the market stands
In the IP24 property market, the 2026 median sale price is £222,500, from 126 registered sales; the mean, the "average house price" most sites quote, is £252,500, sitting somewhat above it, as happens wherever a market carries an expensive tail.
IP24 prices by floor area
A square metre of IP24 home has cost about £2,780 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
Against a national (England and Wales) median of £285,000, IP24 runs 22% below it.
The price of a typical IP24 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £222,500 | £222,500 | 126 |
| 2025 | £230,000 | £235,500 | 357 |
| 2024 | £236,000 | £250,916 | 341 |
| 2023 | £230,000 | £252,714 | 358 |
| 2022 | £245,400 | £287,760 | 414 |
| 2021 | £220,000 | £278,548 | 444 |
| 2020 | £201,800 | £261,840 | 314 |
| 2019 | £192,500 | £252,321 | 344 |
| 2018 | £190,000 | £253,274 | 386 |
| 2017 | £170,000 | £231,863 | 380 |
| 2016 | £170,000 | £237,832 | 408 |
| 2015 | £157,000 | £221,841 | 421 |
| 2014 | £149,000 | £211,383 | 422 |
| 2013 | £135,000 | £194,252 | 373 |
| 2012 | £136,500 | £200,911 | 306 |
| 2011 | £129,000 | £194,740 | 312 |
| 2010 | £130,000 | £203,873 | 271 |
| 2009 | £123,400 | £198,367 | 274 |
| 2008 | £133,700 | £219,163 | 318 |
| 2007 | £140,000 | £237,479 | 698 |
| 2006 | £130,000 | £225,663 | 794 |
| 2005 | £119,400 | £212,484 | 687 |
| 2004 | £118,000 | £214,311 | 746 |
| 2003 | £98,000 | £180,540 | 767 |
| 2002 | £80,500 | £151,460 | 765 |
| 2001 | £64,000 | £123,037 | 628 |
| 2000 | £56,000 | £109,900 | 624 |
| 1999 | £51,000 | £101,640 | 707 |
| 1998 | £47,000 | £94,873 | 661 |
| 1997 | £48,000 | £98,438 | 550 |
| 1996 | £45,200 | £95,325 | 499 |
| 1995 | £42,500 | £92,388 | 387 |
In cash terms the typical IP24 home went from £42,500 in 1995 to £222,500 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 141%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2022; the current median sits about 23% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the IP24 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 (+25.8% on the year before); the weakest, 2009 (−7.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 39% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £315,000 against £122,500 for a flat, 2.6 times the price.
Median by property type, IP24
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £330,000 | 41 | 4,765 |
| Semi-detached | £230,000 | 37 | 3,536 |
| Terraced | £180,000 | 45 | 5,858 |
| Flats | £122,500 (2025) | – | 920 |
What IP24 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.3% | −5.5% |
| 5 years (since 2021) | +0.2% | −4.4% |
| 10 years (since 2016) | +2.7% | −0.7% |
| 20 years (since 2006) | +2.7% | −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.
The turnover behind the prices
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The monthly pulse, last five years
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
Over the last twelve months of data, 258 sales completed in IP24. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 714 sales a year before the financial crisis and 319 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The shape of the IP24 market
By median price IP24 sits at the bottom of its postcode area: the cheapest way in, with the least expectation already in the price.
Rents around IP24
IP24 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.
£920 a month is £11,040 a year, which against the £222,500 median sold price makes a gross yield of 5.0%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
IP24 (Barnham): the questions that come up
Are property prices falling in IP24 (Barnham)?
Is IP24 (Barnham) a good place to buy a house?
How much did a house sell for in IP24 (Barnham)?
Real searches this page gets asked
These are the recorded searches for the wider IP report family, answered with this page's own figures.
ipswich rental market
comes up in the searches for this page. The current ONS figure for Breckland is £920 a month on average, which is a 5.0% gross yield at the local median; sizes and caveats are in the rent section below.
Search phrases quoted verbatim from Google Search Console for this site (last 16 months); each is answered from the page's own Land Registry figures.
Where do IP24 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is roughly flat over five years in cash but down 20% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What is for sale in IP24 right now
Everything above is what homes in IP24 sold for. This is what you could actually buy today: 69 homes currently on the market from 6 agents publishing to HomesIndex, at a typical asking price 1% below the IP24 median sold price.
31% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every IP24 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in IP
What homes of each size actually sold for across the IP area, from the Land Registry record. 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
IP24 ranks 14 of 33 in the IP area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
IP area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside IP24, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| IP24 1 | £240,000 | 37 |
| IP24 2 | £225,000 | 61 |
| IP24 3 | £202,500 | 28 |
How IP24 compares nearby
Same city, different markets. The dearest districts of the IP area, and IP24 itself, which ranks 33 of 33 by median price:
| District | Median | 5-year |
|---|---|---|
| IP15 | £543,200 | +25% |
| IP10 | £480,000 | +7% |
| IP29 | £418,800 | +13% |
| IP13 | £370,000 | -3% |
| IP5 | £345,000 | +13% |
| IP31 | £343,500 | +1% |
| IP18 | £335,000 | -33% |
| IP30 | £330,000 | -6% |
| IP12 | £327,500 | -8% |
| IP8 | £325,000 | +8% |
| IP9 | £325,000 | -1% |
| IP17 | £325,000 | +0% |
| IP7 | £320,000 | -6% |
| IP21 | £312,800 | -3% |
| IP23 | £307,500 | -7% |
| IP22 | £294,000 | -2% |
| IP14 | £280,000 | +2% |
| IP20 | £280,000 | +0% |
| IP33 | £280,000 | -3% |
| IP28 | £276,900 | +4% |
| IP32 | £275,000 | -10% |
| IP11 | £271,200 | +2% |
| IP16 | £269,000 | +0% |
| IP24 (this report) | £222,500 | +1% |
Selling in IP24? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at IP24'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.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to IP24. Free after a one click sign in.
See every individual IP24 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.