Penlee The Drift

    PENLEE, THE DRIFT, FORNHAM ST MARTIN, BURY ST EDMUNDS, IP31 1SU

    This detached freehold property on The Drift last sold in November 2021 for £650,000. Based on price growth in the IP31 district since then, its estimated current value is £706,518 — placing it in the 90th percentile nationally and the 90th percentile within IP31. The property covers 193 m² (2,077 sq ft), giving an estimated value of £3,661 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    193 m²

    (2,077 sq ft)

    Last Sale Price

    £650,000

    Nov 2021

    Estimated Valuation

    £706,518

    Est. £/m²

    £3,661/m²

    £340/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area193 m² (2,077 sq ft)
    EPC dateNov 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Nov 2021

    £650,000

    30 Jul 2012

    £425,000

    20 Jan 1998

    £130,000

    Key Metrics

    Estimated valuation£706,518
    Value per m² / sq ft£3,661/m² (£340/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP31 district percentile90th 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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