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IP28

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New builds in IP28: what they really sell for.

5 new-build homes sold in IP28 in the last 12 months, 1% of all sales. New detached homes sold for a median £394,975, 6.7% more than existing ones.

Bury St Edmunds, covering Barrow, Fordham & Isleham, Iceni, Kentford & Moulton, Lakenheath, Manor, Mildenhall Great Heath, Mildenhall Kingsway & Market.

New homes sold

5

1% of sales, last 12 months

New-build premium

+6.7%

Detached homes

Resold, vs market

+8.9%

Market +14.7%

Energy bills

~£638/yr

5% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Cottonwood Road, Red LodgeIP28 1AZ · detached · 6 sold · latest Dec 2025
£335k–£425k£3,717/m²
Lockheed Close, Beck RowIP28 3AB · detached, semi-detached · 12 sold · latest Nov 2025
£214k–£415k£3,543/m²
Gladioli Place, Red LodgeIP28 1AW · detached · 3 sold · latest Aug 2025
£410k–£440k£3,860/m²
Vickers Road, Beck RowIP28 3AA · detached · 4 sold · latest Mar 2025
£294k–£420k£3,236/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+6.7%

New £395k · existing £370k

24 new-build sales

Semi-detached

-11.6%

New £230k · existing £260k

5 new-build sales

Resale

Do new builds in IP28 hold their value?

Bought new, resold

+8.9%

Local market, same years

+14.7%

Kept pace

74 of 190

Typically held 4.6 years

Homes in IP28 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£638/yr

Typical 109 m² home

Typical rating

EPC B

Solar panels

5%

of homes

Heat pumps

57%

of homes

From the energy certificates of 21 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in IP28?

Over the last two years, new detached homes in IP28 sold for a median £394,975 against £370,000 for existing ones, a difference of +6.7%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in IP28 hold their value?

190 homes in IP28 bought new and later resold changed by a median +8.9%, typically after 4.6 years. The local market moved +14.7% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in IP28?

Recent new-build sales recorded by Land Registry in IP28 include Cottonwood Road, Red Lodge, Lockheed Close, Beck Row, Gladioli Place, Red Lodge, Vickers Road, Beck Row. New streets appear once the first homes complete.

How do I know if a new build in IP28 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers