# 4 bedroom detached house for sale (IP24 2EU) ## Property Details | Key | Value | |-----|-------| | Address | GLAD HOUSE, 16, THE MEADOWS, THETFORD, NORFOLK IP24 2EU | | Price | £400,000 | | Bedrooms | 4 | | Bathrooms | 1 | | Last sold | £382,000 Nov 2025 | ## Description Discover your dream family home in the sought-after area of The Meadows, Thetford — a beautifully presented four-bedroom house designed for modern living and comfort. Step inside to find a spacious lounge perfect for relaxing, and a sleek, modern open-plan kitchen and dining area that’s ideal for entertaining. The master bedroom boasts an en-suite and a generous dressing room, while three additional bedrooms provide ample space for family or guests. The property also features a practical ground-floor cloakroom, a family bathroom, a handy utility room, and a welcoming entrance hall. Enjoy the best of indoor and outdoor living with a generous rear garden complete with a patio seating area, mature shrubs, and trees — perfect for summer barbecues or quiet mornings. The front offers a garage and driveway, providing convenient parking. Additional benefits include UPVC double-glazed windows and efficient gas-fired central heating, ensuring comfort year-round. Don’t miss out on this exceptional family home in The Meadows. Contact us today to arrange a viewing and take the first step toward making this wonderful property yours! ## Property Photos - ![Photo](/listings/photos/164856536/582020) - ![Photo](/listings/photos/164856536/582024) - ![Photo](/listings/photos/164856536/582035) - ![Photo](/listings/photos/164856536/582050) - ![Photo](/listings/photos/164856536/582054) - ![Photo](/listings/photos/164856536/582058) - ![Photo](/listings/photos/164856536/582065) - ![Photo](/listings/photos/164856536/582069) - ![Photo](/listings/photos/164856536/582073) - ![Photo](/listings/photos/164856536/582079) - ![Photo](/listings/photos/164856536/582084) - ![Photo](/listings/photos/164856536/582087) - ![Photo](/listings/photos/164856536/582091) - ![Photo](/listings/photos/164856536/582096) - ![Photo](/listings/photos/164856536/582098) - ![Photo](/listings/photos/164856536/582102) - ![Photo](/listings/photos/164856536/582104) - ![Photo](/listings/photos/164856536/582108) - ![Photo](/listings/photos/164856536/582111) - ![Photo](/listings/photos/164856536/582121) - ![Photo](/listings/photos/164856536/582138) - ![Photo](/listings/photos/164856536/582147) ## Floorplans - ![Floorplan 1](/listings/photos/164856536/582156) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/164856536/582161) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | GLAD HOUSE, 16 THE MEADOWS, THETFORD, BRECKLAND, NORFOLK, IP24 2EU | £382,000 | 20/11/2025 | Detached | | GLAD HOUSE, 16 THE MEADOWS, THETFORD, BRECKLAND, NORFOLK, IP24 2EU | £248,000 | 21/11/2014 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 3 REDGATE, THETFORD, BRECKLAND, NORFOLK, IP24 2HA | £318,000 | 16/01/2026 | Detached | | 3 NORFOLK ROAD, THETFORD, BRECKLAND, NORFOLK, IP24 2DB | £220,000 | 03/12/2025 | Detached | | 20 REDGATE, THETFORD, BRECKLAND, NORFOLK, IP24 2HA | £300,000 | 30/11/2023 | Detached | | BRIDGE VIEW GREEN LANE, THETFORD, BRECKLAND, NORFOLK, IP24 2EX | £270,000 | 21/11/2023 | Detached | | 1 BLUEBELL CLOSE, THETFORD, BRECKLAND, NORFOLK, IP24 2DG | £320,000 | 03/11/2023 | Detached | | 22 ROSECROFT WAY, THETFORD, BRECKLAND, NORFOLK, IP24 2XJ | £337,000 | 04/09/2023 | Detached | | 99 REDGATE, THETFORD, BRECKLAND, NORFOLK, IP24 2HE | £308,000 | 23/06/2023 | Detached | | 15 SPEEDWELL CLOSE, THETFORD, BRECKLAND, NORFOLK, IP24 2YQ | £320,000 | 12/06/2023 | Detached | | 3 BORAGE CLOSE, THETFORD, BRECKLAND, NORFOLK, IP24 2UX | £350,000 | 09/06/2023 | Detached | | [Same street] 2 THE MEADOWS, THETFORD, BRECKLAND, NORFOLK, IP24 2EU | £325,000 | 17/03/2023 | Detached | | [Same street] 21 THE MEADOWS, THETFORD, BRECKLAND, NORFOLK, IP24 2EU | £340,000 | 17/03/2023 | Detached | | 5 POPPY CLOSE, THETFORD, BRECKLAND, NORFOLK, IP24 2XP | £208,000 | 19/12/2022 | Detached | | 84 REDGATE, THETFORD, BRECKLAND, NORFOLK, IP24 2HB | £315,000 | 27/10/2022 | Detached | | 57 REDGATE, THETFORD, BRECKLAND, NORFOLK, IP24 2HB | £320,000 | 25/10/2022 | Detached | | [Same street] 21 THE MEADOWS, THETFORD, BRECKLAND, NORFOLK, IP24 2EU | £337,500 | 28/09/2022 | Detached | | 31 ROSECROFT WAY, THETFORD, BRECKLAND, NORFOLK, IP24 2YE | £365,000 | 28/09/2022 | Detached | | WHITE LODGE GREEN LANE, THETFORD, BRECKLAND, NORFOLK, IP24 2EY | £125,000 | 26/09/2022 | Detached | | 63 REDGATE, THETFORD, BRECKLAND, NORFOLK, IP24 2HB | £285,000 | 21/09/2022 | Detached | | 102 REDGATE, THETFORD, BRECKLAND, NORFOLK, IP24 2HB | £272,000 | 15/07/2022 | Detached | | 14 BLUEBELL CLOSE, THETFORD, BRECKLAND, NORFOLK, IP24 2DG | £260,000 | 01/07/2022 | Detached | | 35 JUNIPER CLOSE, THETFORD, BRECKLAND, NORFOLK, IP24 2YG | £182,500 | 11/04/2022 | Detached | | 105 REDGATE, THETFORD, BRECKLAND, NORFOLK, IP24 2HE | £320,000 | 24/11/2021 | Detached | | 12 SPEEDWELL CLOSE, THETFORD, BRECKLAND, NORFOLK, IP24 2YQ | £248,500 | 08/11/2021 | Detached | **Street average:** £334,167 (3 sales) **Area average:** £282,200 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £331,450 (30 Detached, IP24, 2024–2026) - **Deviation:** +20.7% ## Rental Range *ONS Price Index of Private Rents (Breckland). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £822/mo - **Realistic:** £913/mo - **Optimistic:** £1,004/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Kings Lynn (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,047/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 4 Bed Detached House, Rosecroft Way, IP24 | £1,650/mo | 4 | 0.34 miles | OpenRent | | 4 Bed Semi-Detached House, Woodruff Road, IP24 | £1,500/mo | 4 | 0.55 miles | OpenRent | **Average rent: £1,575/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.39% (weak for cashflow) - **Max investor price (0.8%):** £196,875 - **Target investor price (1%):** £157,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,575/mo).* - **Gross yield:** 4.7% - **Cost-to-rent:** 21.2× - **Monthly cashflow:** £-183/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 6.3% - **10y growth:** 17.4% ## House Price Index (HM Land Registry) *Official index for Breckland; Detached series; as of March 2026.* - **1y growth (index):** 0.1% - **5y growth (index):** 11.9% - **10y growth (index):** 41.1% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)