Housing Market Analysis for MILL LANE, IP11 2LN

Are you looking to understand IP11 2LN house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Suffolk postcode.

For the location information and nearby amenities in the IP11 2LN area, explore the IP11 2LN Area information page.
For comprehensive crime statistics in the IP11 2LN area, explore the IP11 2LN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP11 2LN postcode area, The average prices are as follows,

  • Flat
    • The average price is around £106,562 median price is £102,000 Standard Deviation is £13,410 with Total Sold: 8
    • The Last 5 Year average price is £112,125 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 8, THE OLD MILL, 121 MILL LANE: £105,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is FLAT 8, THE OLD MILL, 121 MILL LANE: £100,000 (Sold on 14 Jun 2006)
  • Terraced
    • The average price is around £105,250 median price is £105,250 Standard Deviation is £62,250 with Total Sold: 2
    • The Last 5 Year average price is £167,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 123 MILL LANE: £167,500 (Sold on 05 Aug 2022)
    • The first recorded sale happened at this postcode is 123 MILL LANE: £43,000 (Sold on 05 Dec 1997)
  • Semi-Detached
    • The average price is around £147,222 median price is £153,800 Standard Deviation is £70,242 with Total Sold: 11
    • The Last 5 Year average price is £237,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 105 MILL LANE: £250,000 (Sold on 12 Jul 2021)
    • The first recorded sale happened at this postcode is 93 MILL LANE: £52,400 (Sold on 13 Jul 1995)
  • Detached
    • The average price is around £263,750 median price is £255,000 Standard Deviation is £80,341 with Total Sold: 4
    • The Last 5 Year average price is £385,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 89 MILL LANE: £385,000 (Sold on 04 May 2021)
    • The first recorded sale happened at this postcode is 83 MILL LANE: £160,000 (Sold on 26 Jul 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IP11 2LN house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£105,000 £2,372 1
2021£114,500 £2,397 3
2006£101,000 £2,150 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£167,500 £3,641 1
1997£43,000 £935 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£237,500 £3,773 2
2017£178,500 £2,664 1
2016£245,000 £4,375 1
2013£125,000 £1,838 1
2010£153,800 £2,262 1
2008£117,0001
2006£159,9951
1996£54,0001
1995£55,575 £718 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£385,000 £3,377 1
2015£265,000 £2,325 1
2007£245,0001
2002£160,0001

All the Sales in the MILL LANE, IP11 2LN

See the table below for more details on the sold house prices in the IP11 2LN, East Suffolk postcode.

AddressSold DatePrice% Change
FLAT 8, THE OLD MILL, 121 MILL LANEFlat, LeaseholdArea: 44.2585 Sq.mtrAge: 2003-200623 Feb 2024£105,0005.00%
14 Jun 2006£100,000First Sale
123 MILL LANETerraced, FreeholdArea: 46 Sq.mtrAge: 1967-197505 Aug 2022£167,500289.53%
05 Dec 1997£43,000First Sale
FLAT 5, THE OLD MILL, 121 MILL LANEFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-196622 Dec 2021£140,00040.00%
14 Jun 2006£100,000First Sale
FLAT 9, THE OLD MILL, 121 MILL LANEFlat, LeaseholdArea: 48 Sq.mtrAge: 1976-198219 Jul 2021£93,500-10.10%
27 Sep 2006£104,000First Sale
FLAT 1, THE OLD MILL, 121 MILL LANEFlat, LeaseholdArea: 50 Sq.mtrAge: 1930-194919 Jul 2021£110,00010.00%
14 Jul 2006£100,000First Sale
105 MILL LANESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1967-197512 Jul 2021£250,0002.04%
27 Jul 2016£245,000First Sale
93 MILL LANESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-196621 May 2021£225,000329.39%
13 Jul 1995£52,400First Sale
89 MILL LANEDetached, FreeholdArea: 114 Sq.mtrAge: 1930-194904 May 2021£385,00045.28%
14 Jul 2015£265,000First Sale
111 MILL LANESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1967-197505 May 2017£178,500First Sale
115 MILL LANESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1967-197505 Jul 2013£125,000-18.73%
21 Apr 2010£153,800First Sale
119 MILL LANESemi-Detached, Freehold05 Dec 2008£117,000First Sale
99 MILL LANEDetached, Freehold24 Jul 2007£245,000First Sale
103 MILL LANESemi-Detached, Freehold06 Oct 2006£159,995196.29%
21 Oct 1996£54,000First Sale
83 MILL LANEDetached, Freehold26 Jul 2002£160,000First Sale
101 MILL LANESemi-Detached, Freehold08 Dec 1995£58,750First Sale

Check out the sold house prices near the IP11 2LN postcode. Properties currently for saleProperties currently for rent

MILL LANE, IP11 2LN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP11 2LN postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IP11 2LN postcode.

  • Semi-Detached
    • The average price is around £137,702 median price is £137,500 Standard Deviation is £74,347 with Total Sold: 763
    • The Last 5 Year average price is £242,977 with Total Sold: 127
    • The most recent sale happened at this postcode is , 47 MILL LANE: £210,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 32 KENTFORD ROAD: £49,000 (Sold on 23 Jan 1995)
  • Detached
    • The average price is around £175,637 median price is £172,000 Standard Deviation is £94,609 with Total Sold: 371
    • The Last 5 Year average price is £320,705 with Total Sold: 44
    • The most recent sale happened at this postcode is , 82 GRANGE ROAD: £675,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 1 GRANGE CLOSE: £69,000 (Sold on 30 Jan 1995)
  • Terraced
    • The average price is around £117,783 median price is £120,000 Standard Deviation is £61,207 with Total Sold: 469
    • The Last 5 Year average price is £206,573 with Total Sold: 68
    • The most recent sale happened at this postcode is , 24 WADGATE ROAD: £125,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 124 MILL LANE: £35,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £92,809 median price is £100,000 Standard Deviation is £35,435 with Total Sold: 28
    • The Last 5 Year average price is £122,300 with Total Sold: 5
    • The most recent sale happened at this postcode is FLAT 8, THE OLD MILL, 121 MILL LANE: £105,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 1 PEEWIT COURT: £42,500 (Sold on 30 Jan 1995)
  • Other
    • The average price is around £187,400 median price is £179,000 Standard Deviation is £125,611 with Total Sold: 5
    • The Last 5 Year average price is £269,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 3 SHOTLEY CLOSE: £230,000 (Sold on 30 Jan 2023)
    • The first recorded sale happened at this postcode is , 51 WADGATE ROAD: £38,000 (Sold on 16 Jun 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£281,636 £3,263 7
2023£252,975 £3,521 20
2022£266,794 £3,450 23
2021£237,392 £3,077 30
2020£234,402 £3,079 26
2019£213,079 £2,917 21
2018£211,962 £2,989 26
2017£198,740 £2,736 25
2016£191,058 £2,612 18
2015£177,974 £2,347 21
2014£156,880 £2,168 23
2013£137,000 £1,849 14
2012£148,656 £1,921 24
2011£156,500 £2,255 12
2010£148,989 £1,981 18
2009£136,000 £1,889 12
2008£143,850 £2,218 10
2007£162,598 £2,077 43
2006£147,473 £2,041 28
2005£130,859 £1,734 32
2004£128,906 £1,618 38
2003£113,755 £1,583 41
2002£91,188 £1,399 29
2001£79,486 £989 30
2000£58,446 £861 35
1999£56,178 £856 31
1998£50,567 £679 29
1997£53,316 £749 36
1996£45,594 £605 31
1995£44,739 £708 30
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£675,0001
2023£328,000 £3,461 4
2022£346,500 £3,845 9
2021£301,071 £3,643 14
2020£287,214 £3,103 7
2019£308,889 £3,285 9
2018£276,318 £3,414 11
2017£244,832 £2,992 6
2016£277,000 £2,833 12
2015£223,107 £2,586 17
2014£200,000 £2,489 12
2013£190,272 £2,145 9
2012£192,714 £2,374 7
2011£192,250 £2,352 13
2010£206,625 £2,165 4
2009£199,425 £2,254 12
2008£185,000 £2,396 5
2007£226,439 £2,329 18
2006£195,717 £2,069 9
2005£199,208 £2,436 12
2004£174,688 £1,812 13
2003£159,078 £1,973 16
2002£161,199 £1,640 23
2001£118,473 £1,468 19
2000£96,073 £1,117 19
1999£83,355 £812 21
1998£78,806 £897 18
1997£72,026 £885 15
1996£60,869 £765 21
1995£64,283 £698 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£203,0007
2023£211,246 £3,015 16
2022£228,800 £3,404 10
2021£212,167 £2,682 15
2020£195,100 £2,658 10
2019£182,450 £2,455 10
2018£181,394 £2,574 19
2017£183,342 £2,513 19
2016£162,700 £2,378 15
2015£154,246 £2,153 14
2014£134,787 £1,997 19
2013£117,611 £1,824 18
2012£131,354 £1,770 12
2011£115,188 £1,803 8
2010£122,714 £1,820 7
2009£128,095 £1,589 10
2008£123,042 £1,800 12
2007£138,930 £1,908 15
2006£129,415 £2,088 19
2005£118,233 £1,822 15
2004£110,088 £1,648 16
2003£100,313 £1,407 30
2002£77,452 £1,175 21
2001£61,441 £977 22
2000£59,085 £911 20
1999£45,212 £609 21
1998£41,467 £672 18
1997£37,585 £588 24
1996£39,214 £586 21
1995£33,792 £713 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,000 £2,288 2
2021£114,500 £2,397 3
2016£145,0001
2015£122,725 £2,045 2
2013£94,000 £1,424 1
2011£115,000 £1,554 1
2009£110,0001
2008£95,0001
2007£118,500 £1,763 2
2006£97,667 £2,000 6
2005£75,0001
2002£41,500 £680 2
2001£54,000 £730 1
1998£41,250 £550 1
1997£40,000 £541 1
1996£23,9501
1995£42,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£230,000 £4,182 1
2021£289,500 £2,482 2
2018£90,000 £1,098 1
2017£38,000 £623 1

House Type in IP11 2LN area

The most common house types in the IP11 2LN postcode area are Semi-detached (47), Terraced (47), and Detached (10).

Total115
Semi-detached47
Terraced47
Detached10
Flat5
Shared house4
converted building2
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (41), and Owned: Owns with a mortgage or loan (26).

Social rented: Other social rented41
Owned: Owns with a mortgage or loan26
Owned: Owns outright23
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority10
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IP11 2LN have 1 person in household (39), and 2 people in household (34).

1 person in household39
2 people in household34
3 people in household22
4 people in household18
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0