Richmond Old Hall Lane

    RICHMOND, OLD HALL LANE, FORNHAM ST MARTIN, BURY ST EDMUNDS, IP31 1SS

    This detached freehold property on Old Hall Lane last sold in February 2016 for £505,000. Based on price growth in the IP31 district since then, its estimated current value is £683,249 — placing it in the 90th percentile nationally and the 89th percentile within IP31. The property covers 201 m² (2,164 sq ft), giving an estimated value of £3,399 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    201 m²

    (2,164 sq ft)

    Last Sale Price

    £505,000

    Feb 2016

    Estimated Valuation

    £683,249

    Est. £/m²

    £3,399/m²

    £316/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area201 m² (2,164 sq ft)
    EPC dateMay 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Feb 2016

    £505,000

    23 Jul 2007

    £315,000

    1 Jul 1998

    £142,000

    Key Metrics

    Estimated valuation£683,249
    Value per m² / sq ft£3,399/m² (£316/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP31 district percentile89th percentile
    National percentile90th 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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