Fen Road - IP31 2LP
Key Postcode Insights
IP31 2LP is a residential postcode situated on Fen Road, Pakenham, Bury St. Edmunds, IP31 with 17 addresses.
It ranks as the 557th largest and 680th most expensive of the 764 postcodes in the IP31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £600,387
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £1,512pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Postcode Insights
IP31 2LP is a residential postcode situated on Fen Road, Pakenham, Bury St. Edmunds, IP31 with 17 addresses.
It ranks as the 557th largest and 680th most expensive of the 764 postcodes in the IP31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £600,387
- 10 Year change
- up 19.2%
- Ave. Rental Price
- £1,512pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Explore Propertiesin IP31 2LP
- Acorn Cottage
4 Bed House
- Boundary House
Unknown
- Briar House
4 Bed Mid-century House
- Cotswold
Unknown
Sales Market Trends
The last sale in IP31 2LP sold for £640,000 on 22nd November 2023. Since then prices are down an average of 1.4%.
The current average value in the postcode is £600,387.
The IP31 2LP Sales Market has increased by 19.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £600,387 |
| June 2025 | 3% | £619,240 |
| June 2024 | -3% | £601,053 |
| June 2023 | 0.3% | £619,929 |
| June 2022 | 7.4% | £618,345 |
| June 2021 | 4.3% | £575,933 |
| June 2020 | 2.5% | £552,451 |
| June 2019 | -2.3% | £538,918 |
| June 2018 | 2.2% | £551,645 |
| June 2017 | 7.1% | £539,615 |
| June 2016 | 7.7% | £503,636 |
| June 2015 | 6.3% | £467,685 |
| June 2014 | 12.2% | £440,092 |
| June 2013 | -0.2% | £392,136 |
| June 2012 | 1.8% | £392,837 |
| June 2011 | -0.1% | £386,038 |
| June 2010 | 10.8% | £386,598 |
| June 2009 | -11.9% | £349,020 |
| June 2008 | -3.5% | £396,191 |
| June 2007 | 0% | £410,567 |
Rental Market Trends
The current average rental value in the postcode is £1,512.
The IP31 2LP Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,512pcm |
| June 2025 | 5.3% | £1,475pcm |
| June 2024 | 5.3% | £1,401pcm |
| June 2023 | 6% | £1,331pcm |
| June 2022 | 7.4% | £1,256pcm |
| June 2021 | 7.2% | £1,169pcm |
| June 2020 | 0.7% | £1,091pcm |
| June 2019 | 0.7% | £1,083pcm |
| June 2018 | 2% | £1,076pcm |
| June 2017 | 3% | £1,055pcm |
| June 2016 | 6.8% | £1,024pcm |
| June 2015 | 2.3% | £959pcm |
| June 2014 | 4.1% | £937pcm |
| June 2013 | 1.6% | £900pcm |
| June 2012 | -0.1% | £886pcm |
| June 2011 | 2.7% | £886pcm |
| June 2010 | 7.4% | £863pcm |
| June 2009 | -5.6% | £804pcm |
| June 2008 | 1% | £852pcm |
| June 2007 | 0% | £844pcm |
Sales History
The last sale was on 22nd November 2023 for £640,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 18 sales since 1995.
IP31 2LP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£640,000 | 4 Bed HouseDove House, Fen Road, Bury St. Edmunds, IP31 2LPDove House, Fen Road, Bury St. Edmunds, IP31 2LP
- Sold Jun 2021£485,000 | 4 Bed HouseBriar House, Fen Road, Bury St. Edmunds, IP31 2LPBriar House, Fen Road, Bury St. Edmunds, IP31 2LP
- Sold Feb 2021£630,000 | 5 Bed HouseSquires Gate, Fen Road, Bury St. Edmunds, IP31 2LPSquires Gate, Fen Road, Bury St. Edmunds, IP31 2LP
- Sold Feb 2020£25,000 | 5 Bed HouseBoundary House, Fen Road, Bury St. Edmunds, IP31 2LPBoundary House, Fen Road, Bury St. Edmunds, IP31 2LP
- Sold Apr 2016£405,000 | 4 Bed HouseBriar House, Fen Road, Bury St. Edmunds, IP31 2LPBriar House, Fen Road, Bury St. Edmunds, IP31 2LP
Nearby Postcodes
IP31 2LP is the 557th largest and the 680th most expensive postcode out of the 764 postcodes in the IP31 area.
- IP31 2LR, Pakenham, Bury St. Edmunds, IP31IP31 2LR1 Addresses|270 m away
- IP31 2LW, Bull Road, Pakenham, Bury St. Edmunds, IP31IP31 2LW3 Addresses|498 m away
- IP31 2LS, Fen Road, Pakenham, Bury St. Edmunds, IP31IP31 2LS34 Addresses|572 m away
- IP31 2JS, Fen Road, Pakenham, Bury St. Edmunds, IP31IP31 2JS17 Addresses|715 m away
- IP31 2LE, The Owell, Pakenham, Bury St. Edmunds, IP31IP31 2LE44 Addresses|836 m away
Property Types
- 1 modern house built after 1980
- 5 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 8 other addresses of unknown type
- modern house (1)
- mid-century house (5)
- house (3)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (1)
- G (0)
- D (2)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Jul 2025£1,115,000 | 5 Bed HousePonderosa, Fen Road, Bury St. Edmunds, IP31 2LSPonderosa, Fen Road, Bury St. Edmunds, IP31 2LS
- Sold Nov 2024£750,000 | 5 Bed HouseWoodlands, Fen Road, Bury St. Edmunds, IP31 2JSWoodlands, Fen Road, Bury St. Edmunds, IP31 2JS
- Sold Nov 2023£640,000 | 4 Bed HouseDove House, Fen Road, Bury St. Edmunds, IP31 2LPDove House, Fen Road, Bury St. Edmunds, IP31 2LP
Schools Nearby
- Ixworth Church of England Primary School2.6 km away
- Norton CEVC Primary School3.1 km away
- Thurston Church of England Primary Academy3.2 km away
- Thurston Community College2.8 km away
- Ixworth High School3.0 km away
- Sybil Andrews Academy6.2 km away
More reading links
Public Transport Nearby
The closest station to IP31 2LP is Thurston station, which is 3.2 kilometres away.
- Thurston|3.2 km away
- Elmswell|6.7 km away
- Bury St Edmunds|8.6 km away
- Stowmarket|14.8 km away
