28 Oak Close, Fornham St Martin, Bury St Edmunds, IP28 6BY is a leasehold flat built between 1983-1990. The property offers approximately 388 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £70,561 , which equates to approximately £182 per square foot. It was last sold on 7 Dec 2012 for £47,500. Since then, the value has increased by £23,061, representing a 48.5% increase, or approximately 3.7% per year.

The current estimated value of £70,561 is:

  • 25.3% lower than the average property price on Oak Close
  • 31.7% lower than the average in the IP28 6BY postcode area
  • and 79.3% lower than the average price for Bury St. Edmunds as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 13 December 2023, the property was recorded as owner-occupied.

View sold house prices in IP28 6BY

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£70,561
Price Per sq ft (estimate)
£182
Bedroom Count (estimate)
1 bedroom

EPC Summary

28 Oak Close, Fornham St Martin, Bury St Edmunds, St Edmundsbury, Suffolk, IP28 6BY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 Dec 2023.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Jul 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 1.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 200mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to IP28 6BY

11 th / 15
Price Rank
32% lower than average
14 th / 14
Size Rank
29% smaller than average
9 th / 14
Price Per Sq FT Rank
4% lower than average

Compared to other properties in IP28 6BY , this flat's estimated value ranks 11th out of 15. Based on price per square foot, it ranks 9th out of 14 properties. In terms of size, this home ranks 14th out of 14 properties in its postcode area.

Sale History

Today
£70,561
streetscan.co.uk estimate
+49 %
7 Dec 2012
£47,500
Leasehold
+1.1 %
28 May 2010
£47,000
Leasehold
-10.5 %
2 Nov 2007
£52,500
Leasehold
+16.7 %
21 Jun 2005
£45,000
Leasehold
+8.4 %
4 Apr 2003
£41,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £69,500
sale date: 27 Sep 2024
rooms: 2
size: 398 sq ft
sale price: £71,250
sale date: 20 Sep 2022
rooms: 3
size: 420 sq ft
sale price: £75,000
sale date: 3 Sep 2018
rooms: 2
size: 440 sq ft
sale price: £67,500
sale date: 9 Mar 2018

Data Sources

The property at 28 Oak Close, Fornham St Martin, Bury St Edmunds, IP28 6BY appears five times in the Land Registry records, with the latest transaction recorded on 7 Dec 2012. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Dec 2023. 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.


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