Housing Market Analysis for THE GROVE, IP14 1RR

Are you looking to understand IP14 1RR 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 Mid Suffolk postcode.

For the location information and nearby amenities in the IP14 1RR area, explore the IP14 1RR Area information page.
For comprehensive crime statistics in the IP14 1RR area, explore the IP14 1RR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP14 1RR postcode area, The average prices are as follows,

Flat
- The average price is around £63,668 median price is £69,998 Standard Deviation is £23,646 with Total Sold: 72
- The Last 5 Year average price is £70,200 with Total Sold: 10
- The most recent sale happened at this postcode is 7 THE GROVE: £81,500 (Sold on 20 Nov 2023)
- The first recorded sale happened at this postcode is 6 THE GROVE: £52,000 (Sold on 10 Jan 2024)
Terraced
- The average price is around £79,070 median price is £88,000 Standard Deviation is £20,750 with Total Sold: 7
- The Last 5 Year average price is £88,000 with Total Sold: 1
- The most recent sale happened at this postcode is 28 THE GROVE: £88,000 (Sold on 17 Jun 2022)
- The first recorded sale happened at this postcode is 27 THE GROVE: £32,000 (Sold on 04 Sep 1997)
Semi-Detached
- The average price is around £84,000 median price is £84,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 16 THE GROVE: £84,000 (Sold on 19 Dec 2003)
- The first recorded sale happened at this postcode is 16 THE GROVE: £84,000 (Sold on 19 Dec 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average IP14 1RR 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£67,000	£1,351	2
2022	£70,000	£1,600	2
2021	£79,500	£1,658	2
2020	£80,000	£1,509	2
2019	£57,000		1
2018	£96,000	£1,880	2
2017	£81,000	£1,643	2
2016	£86,750	£1,796	2
2014	£89,995	£1,775	1
2013	£75,000		2
2012	£65,500	£1,288	6
2011	£78,250		1
2010	£85,500	£1,698	2
2009	£74,750	£1,304	4
2008	£78,998	£1,631	3
2007	£91,250	£1,912	2
2006	£93,750	£1,875	2
2005	£80,789	£1,746	5
2004	£86,000	£1,720	1
2003	£77,498	£1,600	2
2002	£57,599	£1,057	5
2001	£48,000	£932	2
2000	£32,475	£434	2
1999	£27,000	£629	1
1998	£30,362	£614	4
1997	£26,375	£518	4
1996	£30,375	£612	4
1995	£32,333	£610	3
2024	£52,000	£981	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£88,000	£1,760	1
2017	£91,000	£1,820	1
2009	£70,000	£1,400	1
2006	£93,748	£1,879	2
2003	£84,995	£1,742	1
1997	£32,000	£656	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£84,000	£1,714	1

All the Sales in the THE GROVE, IP14 1RR

See the table below for more details on the sold house prices in the IP14 1RR, Mid Suffolk postcode.

Address	Sold Date	Price	% Change
7 THE GROVEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	20 Nov 2023	£81,500	-5.23%
7 THE GROVEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	12 Aug 2004	£86,000	First Sale
30 THE GROVEFlat, LeaseholdArea: 49 Sq.mtrAge: 1983-1990	15 Sep 2023	£52,500	-43.24%
	27 Nov 2006	£92,500	68.18%
	17 May 2002	£55,000	First Sale
31 THE GROVEFlat, Leasehold	08 Jul 2022	£60,000	66.67%
31 THE GROVEFlat, Leasehold	20 Dec 1995	£36,000	First Sale
28 THE GROVETerraced, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	17 Jun 2022	£88,000	-3.30%
	08 Sep 2017	£91,000	30.00%
	13 May 2009	£70,000	-22.22%
	27 Sep 2006	£89,995	First Sale
9 THE GROVEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	23 May 2022	£80,000	13.48%
	31 Jul 2012	£70,500	-11.87%
	28 Mar 2003	£79,995	153.95%
	15 Sep 1998	£31,500	12.50%
	25 Apr 1996	£28,000	First Sale
14 THE GROVEFlat, LeaseholdArea: 46.49 Sq.mtrAge: 1991-1995	10 Dec 2021	£64,000	19.63%
	29 Jul 2002	£53,500	4.90%
	24 Sep 2001	£51,000	First Sale
16 THE GROVEFlat, LeaseholdArea: 49 Sq.mtrAge: 1996-2002	29 Jan 2021	£95,000	7.95%
	10 Oct 2016	£88,000	4.76%
	19 Dec 2003	£84,000	158.46%
	05 Jul 1996	£32,500	First Sale
22 THE GROVEFlat, LeaseholdArea: 56 Sq.mtrAge: 1996-2002	03 Nov 2020	£85,000	16.44%
	10 Nov 2009	£73,000	160.71%
	30 May 1997	£28,000	First Sale
18 THE GROVEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	03 Jun 2020	£75,000	47.06%
	19 Apr 2002	£51,000	70.28%
	20 Mar 1998	£29,950	First Sale
3 THE GROVEFlat, Leasehold	25 Oct 2019	£57,000	-21.92%
	31 Jul 2012	£73,000	21.68%
	22 Jun 2005	£59,995	233.31%
	22 Jan 1997	£18,000	First Sale
23 THE GROVEFlat, LeaseholdArea: 51.4 Sq.mtrAge: 1983-1990	10 Dec 2018	£97,000	61.67%
	15 Jun 2012	£60,000	118.18%
	15 Sep 1997	£27,500	First Sale
25 THE GROVEFlat, LeaseholdArea: 50.7 Sq.mtrAge: 1983-1990	29 Jun 2018	£95,000	5.56%
	05 Aug 2014	£89,995	7.14%
	26 Mar 2010	£84,000	First Sale
15 THE GROVEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-1990	24 Nov 2017	£102,000	15.91%
15 THE GROVEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-1990	18 Mar 2005	£88,000	First Sale
4 THE GROVEFlat, LeaseholdArea: 42.92 Sq.mtrAge: 1983-1990	07 Jul 2017	£60,000	-14.28%
	04 Jul 2008	£69,995	159.24%
	05 Feb 1999	£27,000	First Sale
8 THE GROVEFlat, Leasehold	04 Jul 2016	£85,500	-10.00%
	23 May 2008	£95,000	5.61%
	01 Feb 2005	£89,950	First Sale
20 THE GROVEFlat, Leasehold	18 Oct 2013	£75,000	7.14%
	13 Jul 2009	£70,000	66.87%
	28 Apr 2000	£41,950	31.09%
	27 Jun 1997	£32,000	3.23%
	30 May 1996	£31,000	First Sale
19 THE GROVEFlat, Leasehold	15 May 2013	£75,000	-15.73%
19 THE GROVEFlat, Leasehold	30 Jan 2009	£89,000	First Sale
29 THE GROVEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	27 Jul 2012	£77,000	-11.49%
29 THE GROVEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-1990	08 Oct 2010	£87,000	First Sale
27 THE GROVEFlat, LeaseholdArea: 48.8 Sq.mtrAge: 1983-1990	21 Jun 2012	£57,500	-32.35%
	19 Sep 2003	£84,995	165.61%
	04 Sep 1997	£32,000	First Sale
10 THE GROVEFlat, LeaseholdArea: 48 Sq.mtrAge: 1983-1990	05 Apr 2012	£55,000	First Sale
26 THE GROVEFlat, Leasehold	23 Jun 2011	£78,250	16.79%
	07 Aug 2009	£67,000	-21.18%
	30 May 2007	£85,000	198.25%
	30 Oct 1998	£28,500	First Sale
17 THE GROVEFlat, Leasehold	02 Dec 2008	£72,000	-4.00%
	17 Jan 2003	£75,000	0.01%
	10 Oct 2002	£74,995	138.08%
	26 Aug 1998	£31,500	First Sale
24 THE GROVEFlat, LeaseholdArea: 51 Sq.mtrAge: 1991-1995	05 Oct 2007	£97,500	2.63%
	08 Dec 2006	£95,000	0.0
	26 Aug 2005	£95,000	196.88%
	29 Sep 1995	£32,000	First Sale
1 THE GROVETerraced, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	29 Nov 2006	£97,500	116.67%
1 THE GROVETerraced, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	24 Aug 2001	£45,000	First Sale
2 THE GROVEFlat, Freehold	05 Jul 2005	£71,000	First Sale
11 THE GROVEFlat, Leasehold	23 Jan 2002	£53,500	78.33%
11 THE GROVEFlat, Leasehold	18 Nov 1996	£30,000	First Sale
6 THE GROVEFlat, LeaseholdArea: 53 Sq.mtrAge: 1900-1929	06 Mar 2000	£23,000	-55.77%
6 THE GROVEFlat, LeaseholdArea: 53 Sq.mtrAge: 1900-1929	10 Jan 2024	£52,000	First Sale
21 THE GROVEFlat, LeaseholdArea: 49 Sq.mtrAge: 1983-1990	21 Dec 1995	£29,000	First Sale

Check out the sold house prices near the IP14 1RR postcode. Properties currently for saleProperties currently for rent

THE GROVE, IP14 1RR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP14 1RR 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 IP14 1RR postcode.

Terraced
- The average price is around £111,877 median price is £113,250 Standard Deviation is £58,560 with Total Sold: 654
- The Last 5 Year average price is £186,001 with Total Sold: 92
- The most recent sale happened at this postcode is , 49 LIME TREE PLACE: £185,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 22 BRIDGE STREET: £24,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £161,130 median price is £152,250 Standard Deviation is £87,813 with Total Sold: 380
- The Last 5 Year average price is £266,527 with Total Sold: 69
- The most recent sale happened at this postcode is , 73 NEEDHAM ROAD: £272,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 15 MARRIOTTS WALK: £66,000 (Sold on 10 Jan 1995)
Detached
- The average price is around £238,905 median price is £205,000 Standard Deviation is £130,394 with Total Sold: 316
- The Last 5 Year average price is £377,736 with Total Sold: 52
- The most recent sale happened at this postcode is , 24 NEEDHAM ROAD: £425,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 3 WYNTON RISE: £155,000 (Sold on 16 Feb 1995)
Other
- The average price is around £369,919 median price is £291,500 Standard Deviation is £359,021 with Total Sold: 40
- The Last 5 Year average price is £309,526 with Total Sold: 19
- The most recent sale happened at this postcode is , 20 MARKET PLACE: £335,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 20 IPSWICH STREET: £475,000 (Sold on 16 Jan 2014)
Flat
- The average price is around £76,787 median price is £77,875 Standard Deviation is £42,822 with Total Sold: 166
- The Last 5 Year average price is £100,333 with Total Sold: 27
- The most recent sale happened at this postcode is , 7 FOX COURT: £134,000 (Sold on 15 Feb 2024)
- The first recorded sale happened at this postcode is , 17 SHERINGHAM COURT: £29,995 (Sold on 19 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£185,400	£2,721	5
2023	£187,750	£3,047	10
2022	£195,857	£2,831	21
2021	£188,696	£2,649	24
2020	£182,800	£2,766	14
2019	£172,594	£2,705	18
2018	£166,944	£2,610	18
2017	£168,944	£2,583	17
2016	£166,150	£2,550	18
2015	£167,285	£2,108	21
2014	£132,272	£2,046	22
2013	£122,006	£1,820	25
2012	£117,100	£1,702	10
2011	£126,102	£1,833	13
2010	£137,268	£1,868	14
2009	£108,900	£1,568	15
2008	£138,512	£1,942	20
2007	£133,330	£2,045	37
2006	£120,157	£1,868	28
2005	£112,009	£1,669	27
2004	£105,867	£1,651	34
2003	£94,788	£1,492	25
2002	£77,357	£1,091	16
2001	£59,999	£958	30
2000	£67,641	£857	35
1999	£49,928	£729	42
1998	£46,126	£670	25
1997	£41,444	£628	33
1996	£34,619	£554	24
1995	£33,384	£568	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,800	£3,214	5
2023	£272,143	£3,399	7
2022	£296,175	£3,323	15
2021	£285,517	£3,021	18
2020	£223,292	£3,117	12
2019	£247,496	£2,794	12
2018	£220,432	£2,666	11
2017	£225,083	£2,617	12
2016	£200,438	£2,621	8
2015	£223,250	£2,188	8
2014	£184,381	£2,115	13
2013	£192,404	£1,817	10
2012	£153,462	£1,665	13
2011	£158,562	£1,903	8
2010	£178,378	£2,167	9
2009	£128,923	£1,715	13
2008	£164,357	£1,956	14
2007	£170,096	£1,898	30
2006	£148,642	£1,816	35
2005	£146,344	£1,616	10
2004	£152,071	£2,049	7
2003	£122,227	£1,680	13
2002	£111,741	£1,388	16
2001	£68,050	£832	10
2000	£88,075	£1,145	10
1999	£67,761	£738	17
1998	£63,000	£724	7
1997	£54,906	£608	8
1996	£44,870	£502	18
1995	£49,600	£564	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£425,000		1
2023	£376,083	£3,342	6
2022	£389,792	£3,430	12
2021	£428,917	£2,990	12
2020	£364,857	£2,844	7
2019	£327,304	£2,700	14
2018	£362,019	£2,718	13
2017	£321,583	£2,921	6
2016	£286,428	£2,548	7
2015	£303,999	£2,048	8
2014	£306,847	£2,101	12
2013	£217,406	£1,948	8
2012	£189,167	£2,061	6
2011	£233,000	£1,885	6
2010	£277,318	£2,375	11
2009	£223,000	£1,870	8
2008	£232,550	£1,769	10
2007	£221,303	£1,914	18
2006	£212,043	£1,901	16
2005	£219,789	£1,675	19
2004	£265,125	£1,866	12
2003	£236,330	£1,731	9
2002	£193,456	£1,730	24
2001	£145,763	£1,279	15
2000	£99,643	£879	7
1999	£150,200	£939	9
1998	£90,655	£814	11
1997	£98,550	£848	10
1996	£106,855	£720	10
1995	£97,111	£691	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£380,000		3
2023	£421,000		3
2022	£251,667	£3,932	3
2021	£263,333		3
2020	£166,250	£4,615	4
2019	£422,667	£2,628	3
2018	£284,600	£3,414	5
2017	£481,861	£2,531	8
2016	£194,833	£8,301	3
2015	£739,453		3
2014	£417,500		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£93,000	£981	2
2023	£94,400	£1,968	5
2022	£117,000	£1,800	5
2021	£105,929	£2,096	7
2020	£80,000	£1,509	2
2019	£94,083	£2,159	6
2018	£215,500	£1,880	4
2017	£98,083	£1,798	6
2016	£101,500	£1,796	5
2015	£105,738	£2,324	4
2014	£83,561	£1,755	4
2013	£93,833	£1,646	6
2012	£70,688	£1,371	8
2011	£79,625	£1,528	2
2010	£84,600	£1,616	5
2009	£84,800	£1,304	5
2008	£86,749	£1,631	4
2007	£90,812	£1,872	8
2006	£96,171	£1,856	7
2005	£81,618	£1,659	8
2004	£90,190	£1,557	5
2003	£80,374	£1,559	4
2002	£59,570	£1,149	7
2001	£44,357	£944	7
2000	£43,279	£647	5
1999	£34,075	£655	10
1998	£29,431	£697	8
1997	£26,375	£518	4
1996	£30,375	£612	4
1995	£29,833	£624	9

House Type in IP14 1RR area

The most common house types in the IP14 1RR postcode area are Flat (46), Detached (40), and Terraced (36).

Total	152
Flat	46
Detached	40
Terraced	36
Semi-detached	19
converted building	4
commercial building	4
Shared house	3
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright	77
Owned: Owns with a mortgage or loan	37
Social rented: Other social rented	22
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IP14 1RR have 1 person in household (67), and 2 people in household (53).

1 person in household	67
2 people in household	53
3 people in household	17
4 people in household	15
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0