As Roy describes squealing rather than a single thump, this fault suggests oscillation. Possibilities include a bouncy ball-cock or other valve, and either long unsupported pipe runs or air in the system acting as a spring (air is more likely). Or all of the above in concert!
I get squeal after every home plumbing adventure. In my case bleeding air by running all the taps flat out (one at a time) works eventually. It can take a few minutes flow to get a reassuring cough-splutter as the air ejects, and once in a blue moon I've had to repeat the whole process.
Changing a tap washer in my Utility Room causes more trouble than fixing a Bathroom tap upstairs. I guess it's to do with where my home's particular pipe layout allows air to collect. I start by running downstairs taps and work up. There's no science in it, other than me assuming air bubbles tend to rise. Experiment.
A friend back-flushed his system to fix a bad case of howling and knocking, and he also added a foamy potion to his central heating to stop a radiator banging. My dad's house had an old-fashioned tank in the loft (now considered bad-practice), and he fixed his shrieking by fitting a new washer to the ball cock and bending the arm down.
Dave