Oak Tree House Spong Lane

    OAK TREE HOUSE, SPONG LANE, ELMSWELL, BURY ST EDMUNDS, IP30 9DX

    This detached freehold property on Spong Lane last sold in March 2023 for £610,000. Based on price growth in the IP30 district since then, its estimated current value is £604,510 — placing it in the 86th percentile nationally and the 87th percentile within IP30. The property covers 156 m² (1,679 sq ft), giving an estimated value of £3,875 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,679 sq ft

    156 m²

    Last Sale Price

    £610,000

    Mar 2023

    Estimated Valuation

    £604,510

    Est. £/sq ft

    £360/sq ft

    £3,875/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,679 sq ft (156 m²)
    EPC dateJun 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Mar 2023

    £610,000

    1 Jun 2017

    £447,500

    17 Aug 2007

    New build

    £355,000

    Key Metrics

    Estimated valuation£604,510
    Value per sq ft / m²£360/sq ft (£3,875/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP30 district percentile87th percentile
    National percentile86th 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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