16 Spring Lane, Bury St Edmunds, IP33 3AU is a freehold terraced property built in 2007 onwards. The property offers approximately 1,119 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £401,404 , which equates to approximately £359 per square foot. It was last sold on 27 Apr 2015 for £274,000. Since then, the value has increased by £127,404, representing a 46.5% increase, or approximately 4.4% per year.

The current estimated value of £401,404 is:

  • 23.1% higher than the average property price on Spring Lane
  • 26.1% higher than the average in the IP33 3AU postcode area
  • and 17.6% higher than the average price for Bury St. Edmunds as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 4 September 2020, the property was recorded as owner-occupied.

View sold house prices in IP33 3AU

Building approximate location

About Property

Type
Terraced House
Built
2007 onwards
Interior Size
1119 sq ft
Tenure
Freehold
Price (estimate)
£401,404
Price Per sq ft (estimate)
£359
Bedroom Count (estimate)
4 bedrooms

EPC Summary

16 Spring Lane, Bury St Edmunds, St Edmundsbury, Suffolk, IP33 3AU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Sep 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Aug 2009. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Roof room(s), insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IP33 3AU

8 th / 18
Price Rank
26% higher than average
4 th / 16
Size Rank
36% bigger than average
14 th / 16
Price Per Sq FT Rank
7% lower than average

Compared to other properties in IP33 3AU , this house's estimated value ranks 8th out of 18. Based on price per square foot, it ranks 14th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 16 properties in its postcode area.

Sale History

Today
£401,404
streetscan.co.uk estimate
+46 %
27 Apr 2015
£274,000
Leasehold
+40.5 %
23 Oct 2009
£195,000
Leasehold
-4.9 %
20 Aug 2004
£205,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1249 sq ft
sale price: £375,000
sale date: 31 Aug 2021
rooms: 4
size: 1141 sq ft
sale price: £307,500
sale date: 18 Nov 2020
rooms: 4
size: 1141 sq ft
sale price: £325,000
sale date: 29 Nov 2018

Data Sources

The property at 16 Spring Lane, Bury St Edmunds, IP33 3AU appears three times in the Land Registry records, with the latest transaction recorded on 27 Apr 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Sep 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.