2 Orchard Cottages Welham Lane

    2 ORCHARD COTTAGES, WELHAM LANE, RISBY, BURY ST EDMUNDS, IP28 6QS

    This terraced freehold property on Welham Lane last sold in August 2010 for £239,000. Based on price growth in the IP28 district since then, its estimated current value is £388,583 — placing it in the 66th percentile nationally and the 78th percentile within IP28. The property covers 92 m² (990 sq ft), giving an estimated value of £4,224 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £239,000

    Aug 2010

    Estimated Valuation

    £388,583

    Est. £/sq ft

    £392/sq ft

    £4,224/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fueloil (not community)
    EPC currentC
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateSept 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    26 Aug 2010

    £239,000

    Key Metrics

    Estimated valuation£388,583
    Value per sq ft / m²£392/sq ft (£4,224/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP28 district percentile78th percentile
    National percentile66th percentile

    District Context — IP28

    IP28 covers the Brandon and surrounding villages area in west Suffolk, positioned between Norwich and Cambridge. It is a mixed rural and semi-rural district with a blend of agricultural heritage and commuter appeal.

    Average Property Price - IP28

    £314,955

    47

    National percentile

    Average Net Household Income - IP28

    £41,531

    64

    National percentile

    10-Year Annualised Price Growth - IP28

    3.8%

    58

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP28

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