Cherry Trees New Road

    CHERRY TREES, NEW ROAD, ELMSWELL, BURY ST EDMUNDS, IP30 9BT

    This detached freehold property on New Road last sold in February 2024 for £492,500. Based on price growth in the IP30 district since then, its estimated current value is £483,296 — placing it in the 77th percentile nationally and the 75th percentile within IP30. The property covers 135 m² (1,453 sq ft), giving an estimated value of £3,580 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,453 sq ft

    135 m²

    Last Sale Price

    £492,500

    Feb 2024

    Estimated Valuation

    £483,296

    Est. £/sq ft

    £333/sq ft

    £3,580/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,453 sq ft (135 m²)
    EPC dateSept 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Feb 2024

    £492,500

    Key Metrics

    Estimated valuation£483,296
    Value per sq ft / m²£333/sq ft (£3,580/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP30 district percentile75th percentile
    National percentile77th percentile

    District Context — IP30

    IP30 covers areas in central Norfolk, including parts of Dereham and surrounding villages. It is a predominantly rural and semi-rural district with a character suited to families and those seeking quieter, out-of-town living.

    Average Property Price - IP30

    £382,560

    63

    National percentile

    Average Net Household Income - IP30

    £43,464

    71

    National percentile

    10-Year Annualised Price Growth - IP30

    2.0%

    9

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP30

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