3 Procession Way

    3, PROCESSION WAY, ELMSWELL, BURY ST EDMUNDS, IP30 9YJ

    This detached freehold property on Procession Way last sold in February 2023 for £400,000. Based on price growth in the IP30 district since then, its estimated current value is £396,400 — placing it in the 67th percentile nationally and the 59th percentile within IP30. The property covers 122 m² (1,313 sq ft), giving an estimated value of £3,249 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,313 sq ft

    122 m²

    Last Sale Price

    £400,000

    Feb 2023

    Estimated Valuation

    £396,400

    Est. £/sq ft

    £302/sq ft

    £3,249/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,313 sq ft (122 m²)
    EPC dateJan 2023
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Feb 2023

    New build

    £400,000

    Key Metrics

    Estimated valuation£396,400
    Value per sq ft / m²£302/sq ft (£3,249/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP30 district percentile59th percentile
    National percentile67th 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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