Housing Market Analysis for NORWICH ROAD, IP14 5LB

Are you looking to understand IP14 5LB 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 5LB area, explore the IP14 5LB Area information page.
For comprehensive crime statistics in the IP14 5LB area, explore the IP14 5LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP14 5LB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £500,000 median price is £500,000 Standard Deviation is £75,000 with Total Sold: 2
    • The Last 5 Year average price is £575,000 with Total Sold: 1
    • The most recent sale happened at this postcode is OAK HOUSE NORWICH ROAD: £575,000 (Sold on 17 Aug 2021)
    • The first recorded sale happened at this postcode is FOUR ELMS NORWICH ROAD: £425,000 (Sold on 12 Feb 2003)
  • Other
    • The average price is around £200,000 median price is £200,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is FOUR ELMS BARN, ROSARY FARM NORWICH ROAD: £200,000 (Sold on 13 Sep 2017)
    • The first recorded sale happened at this postcode is FOUR ELMS BARN, ROSARY FARM NORWICH ROAD: £200,000 (Sold on 13 Sep 2017)
  • Semi-Detached
    • The average price is around £153,833 median price is £158,500 Standard Deviation is £60,103 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, OLD POLICE STATION NORWICH ROAD: £225,000 (Sold on 10 Dec 2007)
    • The first recorded sale happened at this postcode is 1, OLD POLICE STATION NORWICH ROAD: £78,000 (Sold on 19 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP14 5LB 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£575,0001
2003£425,000 £1,181 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£200,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£225,000 £3,629 1
2003£158,500 £2,556 1
1998£78,000 £1,258 1

All the Sales in the NORWICH ROAD, IP14 5LB

See the table below for more details on the sold house prices in the IP14 5LB, Mid Suffolk postcode.

AddressSold DatePrice% Change
OAK HOUSE NORWICH ROADDetached, Freehold17 Aug 2021£575,000First Sale
FOUR ELMS BARN, ROSARY FARM NORWICH ROADOther, Freehold13 Sep 2017£200,000First Sale
1, OLD POLICE STATION NORWICH ROADSemi-Detached, FreeholdArea: 62 Sq.mtrAge: before 190010 Dec 2007£225,00041.96%
11 Apr 2003£158,500103.21%
19 Jan 1998£78,000First Sale
FOUR ELMS NORWICH ROADDetached, FreeholdArea: 360 Sq.mtr12 Feb 2003£425,000First Sale

Check out the sold house prices near the IP14 5LB postcode. Properties currently for saleProperties currently for rent

NORWICH ROAD, IP14 5LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP14 5LB 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 5LB postcode.

  • Detached
    • The average price is around £446,600 median price is £425,000 Standard Deviation is £163,285 with Total Sold: 5
    • The Last 5 Year average price is £608,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , OAK HOUSE NORWICH ROAD: £575,000 (Sold on 17 Aug 2021)
    • The first recorded sale happened at this postcode is , THE ROSERY NORWICH ROAD: £168,000 (Sold on 10 Apr 1997)
  • Other
    • The average price is around £200,000 median price is £200,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is FOUR ELMS BARN, ROSARY FARM NORWICH ROAD: £200,000 (Sold on 13 Sep 2017)
    • The first recorded sale happened at this postcode is FOUR ELMS BARN, ROSARY FARM NORWICH ROAD: £200,000 (Sold on 13 Sep 2017)
  • Semi-Detached
    • The average price is around £146,625 median price is £141,750 Standard Deviation is £53,527 with Total Sold: 4
    • The most recent sale happened at this postcode is 2, ROSERY COTTAGES NORWICH ROAD: £125,000 (Sold on 11 Sep 2009)
    • The first recorded sale happened at this postcode is 1, OLD POLICE STATION NORWICH ROAD: £78,000 (Sold on 19 Jan 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£608,5002
2004£423,0001
2003£425,000 £1,181 1
1997£168,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£200,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£125,000 £1,611 1
2007£225,000 £3,629 1
2003£158,500 £2,556 1
1998£78,000 £1,258 1

House Type in IP14 5LB area

The most common house types in the IP14 5LB postcode area are Detached (75), Semi-detached (56), and Terraced (19).

Total152
Detached75
Semi-detached56
Terraced19
Shared house1
temporary structure1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (61), and Owned: Owns outright (55).

Owned: Owns with a mortgage or loan61
Owned: Owns outright55
Private rented: Private landlord or letting agency18
Social rented: Rents from council or Local Authority11
Private rented: Other private rented5
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP14 5LB have 2 people in household (56), and 1 person in household (35).

2 people in household56
1 person in household35
3 people in household29
4 people in household24
5 people in household8
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0