According to the public record, 38, Chalk Lane, Bury St. Edmunds is a modern freehold house and with 1,076 ft2 of internal area and sits on a 307 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chalk Lane, Ixworth, Bury St. Edmunds, IP31 is located in the borough of West Suffolk within the IP31 postal district.
38, Chalk Lane, Bury St. Edmunds has 3 entries in the Land Registry database, most recently in May 2024 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 Chalk Lane Bury St. Edmunds as £334,226 and the rental value as £1,296 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 38 Chalk Lane Bury St. Edmunds has increased by £4,543 (1.4%) and its rental value has increased by £19 per month (1.5%).
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 38, Chalk Lane, Bury St. Edmunds is in very good condition we estimate a sale value of £350,937 and rental value of £1,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,830 and a rental value of £1,205 per month.
If you were able to purchase this property for the estimated value of £334,226, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,643 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, 38, Chalk Lane, Bury St. Edmunds sits on a plot of 307m2.
We have plot size data on 33 out of 50 other houses in the postcode and 38, Chalk Lane, Bury St. Edmunds sits on the 23rd largest plot.
According to HM Land Registry, 38, Chalk Lane, Bury St. Edmunds was last sold on 24 May 2024 for £335,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Chalk Lane, Bury St. Edmunds within a radius of 143m over the last 2 years.
The most recent example is 8, Street Farm Lane, Bury St. Edmunds, IP31 2JF, a Freehold house which sold for £332,500 in Apr 2024.
Read more about house prices in IP31.
Chalk Lane, Ixworth, Bury St. Edmunds, IP31 has a total of 51 addresses. According to our analysis of all the public data, 38, Chalk Lane, Bury St. Edmunds is the 35th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in IP31.
38, Chalk Lane, Bury St. Edmunds has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 38, Chalk Lane, Bury St. Edmunds is Thurston station which is 6.0 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 38, Chalk Lane, Bury St. Edmunds, 48.0% of property is privately owned outright and 43.3% 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 38, Chalk Lane, Bury St. Edmunds, 15.3% of residents are recorded as possessing school level qualifications and 31.3% 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 38, Chalk Lane, Bury St. Edmunds, the average age was 42.6 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 38, Chalk Lane, Bury St. Edmunds, 1.1% 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 38, Chalk Lane, Bury St. Edmunds, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.