32 Oak Close, Fornham St Martin, Bury St Edmunds, IP28 6BY is a leasehold flat built between 1983-1990. The property offers approximately 398 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £68,437 , which equates to approximately £172 per square foot. It was last sold on 20 Sep 2022 for £71,250. Since then, the value has decreased by £2,813, representing a 3.9% decrease, or approximately 1.2% per year.

The current estimated value of £68,437 is:

  • 27.6% lower than the average property price on Oak Close
  • 33.8% lower than the average in the IP28 6BY postcode area
  • and 80.0% lower 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 30 November 2021, 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
398 sq ft
Tenure
Leasehold
Price (estimate)
£68,437
Price Per sq ft (estimate)
£172
Bedroom Count (estimate)
1 bedroom

EPC Summary

32 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 30 Nov 2021.

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 2 Dec 2011, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 33.3%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The lighting was changed from low energy lighting in 67% of fixed outlets to low energy lighting in 60% of fixed outlets, with no change in efficiency (good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to IP28 6BY

9 th / 15
Price Rank
34% lower than average
13 th / 14
Size Rank
27% smaller than average
2 nd / 14
Price Per Sq FT Rank
9% lower than average

Compared to other properties in IP28 6BY , this flat's estimated value ranks 9th out of 15. Based on price per square foot, it ranks 2nd out of 14 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 13th out of 14 properties in its postcode area.

Sale History

Today
£68,437
streetscan.co.uk estimate
-4 %
20 Sep 2022
£71,250
Leasehold
+2.5 %
5 Apr 2018
£69,500
Leasehold
+11.2 %
20 Nov 2015
£62,500
Leasehold
+31.6 %
1 Mar 2013
£47,500
Leasehold
-13.6 %
27 Nov 2007
£55,000
Leasehold
+10 %
29 Apr 2005
£50,000
Leasehold
+138.1 %
7 Dec 2000
£21,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £69,500
sale date: 27 Sep 2024
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
rooms: 3
size: 388 sq ft
sale price: £47,500
sale date: 7 Dec 2012

Data Sources

The property at 32 Oak Close, Fornham St Martin, Bury St Edmunds, IP28 6BY appears seven times in the Land Registry records, with the latest transaction recorded on 20 Sep 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Nov 2021. 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.