3 School Cottages School Lane

    3 SCHOOL COTTAGES, SCHOOL LANE, FORNHAM ST MARTIN, BURY ST EDMUNDS, IP31 1SP

    This terraced freehold property on School Lane last sold in February 2021 for £205,000. Based on price growth in the IP31 district since then, its estimated current value is £201,491 — placing it in the 25th percentile nationally and the 7th percentile within IP31. The property covers 49 m² (527 sq ft), giving an estimated value of £4,112 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    49 m²

    (527 sq ft)

    Last Sale Price

    £205,000

    Feb 2021

    Estimated Valuation

    £201,491

    Est. £/m²

    £4,112/m²

    £382/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area49 m² (527 sq ft)
    EPC dateAug 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Feb 2021

    £205,000

    7 Oct 2009

    £175,000

    31 Mar 2000

    £73,500

    27 Sept 1996

    £52,000

    Key Metrics

    Estimated valuation£201,491
    Value per m² / sq ft£4,112/m² (£382/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP31 district percentile7th percentile
    National percentile25th percentile

    District Context — IP31

    IP31 covers parts of central Suffolk, including Thetford and surrounding villages. It is a mixed market combining rural settlements with modest town characteristics, appealing to families and those seeking countryside living with reasonable accessibility.

    Average Property Price - IP31

    £403,906

    68

    National percentile

    Average Net Household Income - IP31

    £42,727

    68

    National percentile

    10-Year Annualised Price Growth - IP31

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP31

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