Fen Road - IP31 2LT
Key Postcode Insights
IP31 2LT is a residential postcode situated on Fen Road, Pakenham, Bury St. Edmunds, IP31 with 14 addresses.
It ranks as the 503rd largest and 425th most expensive of the 764 postcodes in the IP31 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 14 properties: 13 houses and 1 flat.
- Ave. Sale Price
- £388,530
- 10 Year change
- up 15.3%
- Ave. Rental Price
- £1,322pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
IP31 2LT is a residential postcode situated on Fen Road, Pakenham, Bury St. Edmunds, IP31 with 14 addresses.
It ranks as the 503rd largest and 425th most expensive of the 764 postcodes in the IP31 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 14 properties: 13 houses and 1 flat.
- Ave. Sale Price
- £388,530
- 10 Year change
- up 15.3%
- Ave. Rental Price
- £1,322pcm
- 10 Year change
- up 42.8%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Explore Propertiesin IP31 2LT
- Council Houses
Early-century Building | 6 Units
- Greycot
4 Bed Early-century House
- Hill House
4 Bed Early-century House
- Pelambech
4 Bed Mid-century House
- Pensilva
4 Bed Mid-century House
Sales Market Trends
The last sale in IP31 2LT sold for £550,000 on 24th August 2023. Since then prices are up an average of 11.1%.
The current average value in the postcode is £388,530.
The IP31 2LT Sales Market has increased by 15.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £388,530 |
| June 2025 | 2.7% | £399,132 |
| June 2024 | -2.8% | £388,524 |
| June 2023 | 0.1% | £399,626 |
| June 2022 | 6.4% | £399,093 |
| June 2021 | 3.3% | £375,239 |
| June 2020 | 2.4% | £363,106 |
| June 2019 | -2.3% | £354,680 |
| June 2018 | 1.8% | £363,211 |
| June 2017 | 5.9% | £356,909 |
| June 2016 | 7.3% | £336,984 |
| June 2015 | 6.1% | £314,065 |
| June 2014 | 12% | £295,897 |
| June 2013 | -0.2% | £264,267 |
| June 2012 | 1.3% | £264,883 |
| June 2011 | -0.3% | £261,462 |
| June 2010 | 9.4% | £262,222 |
| June 2009 | -12.8% | £239,679 |
| June 2008 | -3.5% | £274,780 |
| June 2007 | 0% | £284,783 |
Rental Market Trends
The current average rental value in the postcode is £1,322.
The IP31 2LT Rental Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,322pcm |
| June 2025 | 5% | £1,284pcm |
| June 2024 | 5.6% | £1,223pcm |
| June 2023 | 5.8% | £1,159pcm |
| June 2022 | 6.4% | £1,095pcm |
| June 2021 | 6.3% | £1,029pcm |
| June 2020 | 0.6% | £968pcm |
| June 2019 | 0.6% | £963pcm |
| June 2018 | 1.5% | £957pcm |
| June 2017 | 1.9% | £943pcm |
| June 2016 | 6.4% | £925pcm |
| June 2015 | 2.2% | £870pcm |
| June 2014 | 3.9% | £851pcm |
| June 2013 | 1.6% | £820pcm |
| June 2012 | -0.5% | £807pcm |
| June 2011 | 2.5% | £811pcm |
| June 2010 | 6.1% | £791pcm |
| June 2009 | -6.6% | £746pcm |
| June 2008 | 1% | £798pcm |
| June 2007 | 0% | £791pcm |
Sales History
The last sale was on 24th August 2023 for £550,000 and since then the market in the area has increased by 11.1%. The postcode has had a total of 14 sales since 1995.
IP31 2LT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£550,000 | 4 Bed HousePelambech, Fen Road, Bury St. Edmunds, IP31 2LTPelambech, Fen Road, Bury St. Edmunds, IP31 2LT
- Sold Jan 2019£237,000 | 3 Bed House1 Council Houses, Fen Road, Bury St. Edmunds, IP31 2LT1 Council Houses, Fen Road, Bury St. Edmunds, IP31 2LT
- Sold Nov 2017£235,000 | 4 Bed House3 Council Houses, Fen Road, Bury St. Edmunds, IP31 2LT3 Council Houses, Fen Road, Bury St. Edmunds, IP31 2LT
- Sold Jul 2017£550,000 | 4 Bed HouseHill House, Fen Road, Bury St. Edmunds, IP31 2LTHill House, Fen Road, Bury St. Edmunds, IP31 2LT
- Sold Mar 2014£445,000 | 4 Bed HousePensilva, Fen Road, Bury St. Edmunds, IP31 2LTPensilva, Fen Road, Bury St. Edmunds, IP31 2LT
Nearby Postcodes
IP31 2LT is the 503rd largest and the 425th most expensive postcode out of the 764 postcodes in the IP31 area.
- IP31 2JG, Broadway, Pakenham, Bury St. Edmunds, IP31IP31 2JG2 Addresses|99 m away
- IP31 2LX, Baileypool Road, Pakenham, Bury St. Edmunds, IP31IP31 2LX3 Addresses|143 m away
- IP31 2LZ, Grimstone End, Pakenham, Bury St. Edmunds, IP31IP31 2LZ15 Addresses|229 m away
- IP31 2LY, Baileypool, Pakenham, Bury St. Edmunds, IP31IP31 2LY5 Addresses|367 m away
- IP31 2LS, Fen Road, Pakenham, Bury St. Edmunds, IP31IP31 2LS34 Addresses|496 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 8 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (4)
- early-century house (8)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (1)
- C (1)
- G (0)
- D (4)
- No EPC (4)
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 School1.6 km away
- Norton CEVC Primary School3.7 km away
- Thurston Church of England Primary Academy3.8 km away
- Ixworth High School1.9 km away
- Thurston Community College3.9 km away
- Sybil Andrews Academy7.1 km away
More reading links
Public Transport Nearby
The closest station to IP31 2LT is Thurston station, which is 4.3 kilometres away.
- Thurston|4.3 km away
- Elmswell|7.2 km away
- Bury St Edmunds|9.2 km away
- Stowmarket|15.2 km away
