5 School Cottages School Lane

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

    This detached freehold property on School Lane last sold in August 1997 for £65,000. Based on price growth in the IP31 district since then, its estimated current value is £320,200 — placing it in the 53rd percentile nationally and the 37th percentile within IP31. The property covers 64 m² (689 sq ft), giving an estimated value of £5,003 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    64 m²

    (689 sq ft)

    Last Sale Price

    £65,000

    Aug 1997

    Estimated Valuation

    £320,200

    Est. £/m²

    £5,003/m²

    £465/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area64 m² (689 sq ft)
    EPC dateNov 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Aug 1997

    £65,000

    Key Metrics

    Estimated valuation£320,200
    Value per m² / sq ft£5,003/m² (£465/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP31 district percentile37th percentile
    National percentile53rd 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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