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Watton market report IP25 7, Thetford
The standing IP25 7 (Watton) property market report, rebuilt from the full public record every month. Everything below comes from 3,775 sales recorded by HM Land Registry in IP25 7 (Thetford) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical IP25 7 (Thetford) home changed hands for £292,500 in 2026 (median of 50 registered sales, up 8% on five years earlier), with the mean at £325,100, and by floor area homes here have averaged about £3,180 per square metre over the last five years. Source: 3,775 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
IP25 7 is one sector of IP25 (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 IP25 7 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.
IP25 7 sold prices: where the market stands
The IP25 7 median stands at £292,500 for 2026, built from 50 registered sales; the mean, the figure usually quoted as the "average house price", is £325,100, modestly above it, the usual shape of a market with an expensive tail.
Price per square metre in IP25 7
By floor space, homes in IP25 7 have sold for about £3,180 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.
Against a national (England and Wales) median of £285,000, IP25 7 runs 3% above it.
A typical IP25 7 home, priced year by year (1995 to 2026)
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £292,500 | £292,500 | 50 |
| 2025 | £288,000 | £294,887 | 101 |
| 2024 | £325,000 | £345,542 | 97 |
| 2023 | £280,000 | £307,652 | 101 |
| 2022 | £330,000 | £386,963 | 137 |
| 2021 | £270,000 | £341,855 | 169 |
| 2020 | £267,200 | £346,698 | 126 |
| 2019 | £239,500 | £313,927 | 104 |
| 2018 | £245,000 | £326,590 | 119 |
| 2017 | £231,500 | £315,743 | 134 |
| 2016 | £215,000 | £300,787 | 125 |
| 2015 | £190,000 | £268,470 | 123 |
| 2014 | £195,000 | £276,642 | 159 |
| 2013 | £163,500 | £235,260 | 126 |
| 2012 | £169,200 | £249,041 | 88 |
| 2011 | £170,000 | £256,635 | 92 |
| 2010 | £160,000 | £250,921 | 70 |
| 2009 | £161,200 | £259,130 | 96 |
| 2008 | £178,000 | £291,780 | 57 |
| 2007 | £189,000 | £320,597 | 143 |
| 2006 | £168,000 | £291,627 | 137 |
| 2005 | £161,500 | £287,405 | 114 |
| 2004 | £154,200 | £280,057 | 124 |
| 2003 | £130,000 | £239,492 | 151 |
| 2002 | £120,000 | £225,779 | 128 |
| 2001 | £90,000 | £173,020 | 138 |
| 2000 | £75,000 | £147,188 | 109 |
| 1999 | £67,500 | £134,524 | 157 |
| 1998 | £60,000 | £121,114 | 136 |
| 1997 | £53,800 | £110,333 | 140 |
| 1996 | £48,200 | £101,652 | 124 |
| 1995 | £53,800 | £116,953 | 100 |
In cash terms the typical IP25 7 home went from £53,800 in 1995 to £292,500 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 150%, a genuine increase in what a home here costs. The real-terms peak came in 2022, and today's median remains roughly 24% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the IP25 7 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 (+33.3% on the year before); the weakest, 2023 (−15.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What IP25 7 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +1.6% | −0.8% |
| 5 years (since 2021) | +1.6% | −3.1% |
| 10 years (since 2016) | +3.1% | −0.3% |
| 20 years (since 2006) | +2.8% | 0.0% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
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.
The register shows 50 IP25 7 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 131 sales a year before the financial crisis and 97 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.
What homes rent for around IP25 7
IP25 7 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 £292,500 median sold price, £920 a month is £11,040 a year, a gross yield of 3.8%: 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.
How IP25 7 trades
Only 50 sales completed here in the last twelve months of data, which makes IP25 7 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Within IP25, this sector trades 17% above the district median: one of the dearer corners of its district.
What people ask about IP25 7 (Watton)
Are property prices falling in IP25 7 (Watton)?
Is IP25 7 (Watton) a good place to buy a house?
How much did a house sell for in IP25 7 (Watton)?
What happens to IP25 7 prices now?
That question has no honest answer, only evidence. The evidence: the median is up 8% over five years in cash but down 14% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What you could buy in IP25 now
The live side of the market holds 193 homes at the moment, listed by 6 agents publishing to HomesIndex.
These cover the whole IP25 district, not just IP25 7: live asking prices are collected per district.
Of everything listed here, 28% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
- Stirling Road, Carbrooke, Thetford, N...
- Lovell Gardens, Watton, Thetford, Nor...
- Washington Drive, Watton, Thetford, Thetford
"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 IP25 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.
What another bedroom costs in IP
Real sold prices by size across the IP area, straight 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. 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 districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in IP25
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of IP25, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| IP25 6 | £230,000 | 101 |
Zoom out to the full IP25 district report for the type split, monthly volumes and how IP25 compares with its neighbours.
Selling a home in IP25 7? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in IP25 7, open the average prices map and zoom from the IP25 7 shading down to the sold homes on your own street. Every recorded IP25 7 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 IP25 7.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about IP25 7. Free, with a one click sign in.
Two maps carry on from here: every IP25 7 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.