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IP31

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New builds in IP31: what they really sell for.

11 new-build homes sold in IP31 in the last 12 months, 4% of all sales. New detached homes sold for a median £450,000, 2.4% more than existing ones.

Bury St Edmunds, covering Bardwell, Barningham, Ixworth, Moreton Hall, Pakenham & Troston, Risby, Rougham, Stanton.

New homes sold

11

4% of sales, last 12 months

New-build premium

+2.4%

Detached homes

Resold, vs market

+4.1%

Market +7.7%

Energy bills

~£573/yr

53% 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.

Buttercup View, ThurstonIP31 3XG · detached · 4 sold · latest Jun 2026
£376k–£423k£3,863/m²
Le Grice Gardens, Badwell AshIP31 3XA · detached, semi-detached · 5 sold · latest Oct 2025
£350k–£450k£4,023/m²
Hakewill Road, ThurstonIP31 3XW · detached, semi-detached · 4 sold · latest Oct 2025
£261k–£367k£3,809/m²
Pond Field Road, ThurstonIP31 3FJ · detached, semi-detached · 6 sold · latest Oct 2025
£267k–£500k£3,787/m²
Star Wing Drive, ThurstonIP31 3GJ · detached · 10 sold · latest Sept 2025
£440k–£550k£3,536/m²
Tyrell View, ThurstonIP31 3UX · detached, semi-detached · 8 sold · latest Apr 2025
£280k–£510k£3,938/m²
Chinery Way, ThurstonIP31 3GY · detached, semi-detached · 5 sold · latest Dec 2024
£280k–£510k£3,469/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

+2.4%

New £450k · existing £439k

37 new-build sales

Semi-detached

-0.4%

New £282k · existing £284k

14 new-build sales

Resale

Do new builds in IP31 hold their value?

Bought new, resold

+4.1%

Local market, same years

+7.7%

Kept pace

29 of 81

Typically held 3.5 years

Homes in IP31 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

~£573/yr

Typical 113 m² home

Typical rating

EPC B

Solar panels

53%

of homes

Heat pumps

0%

of homes

From the energy certificates of 40 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 IP31?

Over the last two years, new detached homes in IP31 sold for a median £450,000 against £439,444 for existing ones, a difference of +2.4%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in IP31 hold their value?

81 homes in IP31 bought new and later resold changed by a median +4.1%, typically after 3.5 years. The local market moved +7.7% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in IP31?

Recent new-build sales recorded by Land Registry in IP31 include Buttercup View, Thurston, Le Grice Gardens, Badwell Ash, Hakewill Road, Thurston, Pond Field Road, Thurston, Star Wing Drive, Thurston. New streets appear once the first homes complete.

How do I know if a new build in IP31 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