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IP24

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New builds in IP24: what they really sell for.

27 new-build homes sold in IP24 in the last 12 months, 9% of all sales. New detached homes sold for a median £365,375, 15.6% more than existing ones.

Thetford, covering All Saints & Wayland, Bardwell, Forest, Harling & Heathlands, Lakenheath, Pakenham & Troston, Thetford Boudica, Thetford Burrell.

New homes sold

27

9% of sales, last 12 months

New-build premium

+15.6%

Detached homes

Resold, vs market

+4.0%

Market +13.6%

Energy bills

~£559/yr

38% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Josiah DriveIP24 2FJ · terraced, flat · 10 sold · latest Jul 2026
£235k–£325k£3,378/m²
Elswick RoadIP24 2FS · detached, semi-detached, terraced · 13 sold · latest Jul 2026
£290k–£420k£3,144/m²
Clifton DriveIP24 2FF · detached, semi-detached, terraced · 14 sold · latest Jul 2026
£290k–£400k£2,821/m²
Hatchett WayIP24 2FZ · detached, semi-detached · 4 sold · latest May 2026
£257k–£370k£3,275/m²
Tithe WayIP24 2FG · flat · 4 sold · latest Sept 2025
£165k–£210k£2,918/m²
Ocean WayIP24 2GS · detached, semi-detached · 18 sold · latest Aug 2025
£271k–£430k£3,229/m²
Mickle RoadIP24 2GQ · detached · 7 sold · latest Dec 2024
£299k–£409k£3,202/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+15.6%

New £365k · existing £316k

36 new-build sales

Semi-detached

+30.4%

New £300k · existing £230k

15 new-build sales

Terraced

+59.3%

New £295k · existing £185k

16 new-build sales

Flat

+62.0%

New £203k · existing £125k

6 new-build sales

Resale

Do new builds in IP24 hold their value?

Bought new, resold

+4.0%

Local market, same years

+13.6%

Kept pace

7 of 31

Typically held 3.2 years

Homes in IP24 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£559/yr

Typical 93 m² home

Typical rating

EPC B

Solar panels

38%

of homes

Heat pumps

0%

of homes

From the energy certificates of 47 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in IP24?

Over the last two years, new detached homes in IP24 sold for a median £365,375 against £316,000 for existing ones, a difference of +15.6%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in IP24 hold their value?

31 homes in IP24 bought new and later resold changed by a median +4.0%, typically after 3.2 years. The local market moved +13.6% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in IP24?

Recent new-build sales recorded by Land Registry in IP24 include Josiah Drive, Elswick Road, Clifton Drive, Hatchett Way, Tithe Way. New streets appear once the first homes complete.

How do I know if a new build in IP24 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers