According to the public record, 1 Oak Lane, Bury St. Edmunds is a modern house with 893 ft2 of internal area and sits on a 1,233 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Heath, Woolpit, Bury St. Edmunds, IP30 is located in the borough of Mid Suffolk within the IP30 postal district.
1 Oak Lane, Bury St. Edmunds has no records in the Land Registry database and a single entry in the EPC database dated May 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 1 Oak Lane Bury St. Edmunds as £458,571 and the rental value as £1,056 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of 1 Oak Lane Bury St. Edmunds has increased by £53 (0.0%) and its rental value has increased by £26 per month (2.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Oak Lane, Bury St. Edmunds is in very good condition we estimate a sale value of £481,499 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,471 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £458,571, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,254 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1 Oak Lane, Bury St. Edmunds sits on a plot of 1233m2.
We have plot size data on 15 out of 37 other houses in the postcode and 1 Oak Lane, Bury St. Edmunds sits on the 7th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Oak Lane, Bury St. Edmunds within a radius of 1.2km over the last 2 years.
The most recent example is 8, Rathland Close, Bury St. Edmunds, IP30 9YZ, a Freehold house which sold for £399,995 in May 2023.
Read more about house prices in IP30.
The Heath, Woolpit, Bury St. Edmunds, IP30 has a total of 39 addresses. According to our analysis of all the public data, 1 Oak Lane, Bury St. Edmunds is the 33rd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in IP30.
1 Oak Lane, Bury St. Edmunds has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 May 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 1 Oak Lane, Bury St. Edmunds is Elmswell station which is 2.6 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Oak Lane, Bury St. Edmunds, 66.1% of property is privately owned outright and 27.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Oak Lane, Bury St. Edmunds, 9.3% of residents are recorded as possessing school level qualifications and 35.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Oak Lane, Bury St. Edmunds, the average age was 47.2 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Oak Lane, Bury St. Edmunds, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Oak Lane, Bury St. Edmunds, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.