Housing Market Analysis for PARK LANE, IP15 5HP

Are you looking to understand IP15 5HP 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 IP15 5HP area, explore the IP15 5HP Area information page.
For comprehensive crime statistics in the IP15 5HP area, explore the IP15 5HP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP15 5HP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £636,000 median price is £636,000 Standard Deviation is £564,000 with Total Sold: 2
    • The Last 5 Year average price is £1,200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is PARK COTTAGE PARK LANE: £1,200,000 (Sold on 13 May 2022)
    • The first recorded sale happened at this postcode is PARK COTTAGE PARK LANE: £72,000 (Sold on 26 Feb 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP15 5HP 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
2022£1,200,000 £6,818 1
1998£72,000 £409 1

All the Sales in the PARK LANE, IP15 5HP

See the table below for more details on the sold house prices in the IP15 5HP, East Suffolk postcode.

AddressSold DatePrice% Change
PARK COTTAGE PARK LANEDetached, FreeholdArea: 176 Sq.mtrAge: 1950-196613 May 2022£1,200,0001566.67%
26 Feb 1998£72,000First Sale

Check out the sold house prices near the IP15 5HP postcode. Properties currently for saleProperties currently for rent

PARK LANE, IP15 5HP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP15 5HP 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 IP15 5HP postcode.

  • Other
    • The average price is around £719,340 median price is £507,500 Standard Deviation is £543,411 with Total Sold: 36
    • The Last 5 Year average price is £749,912 with Total Sold: 20
    • The most recent sale happened at this postcode is , 190 HIGH STREET: £525,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , CANTERBURY COTTAGE, 31 KING STREET: £465,000 (Sold on 13 Nov 2014)
  • Terraced
    • The average price is around £322,270 median price is £275,000 Standard Deviation is £270,482 with Total Sold: 510
    • The Last 5 Year average price is £652,450 with Total Sold: 66
    • The most recent sale happened at this postcode is , 20 HIGH STREET: £480,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 244 HIGH STREET: £62,500 (Sold on 17 Mar 1995)
  • Semi-Detached
    • The average price is around £357,827 median price is £315,000 Standard Deviation is £281,972 with Total Sold: 229
    • The Last 5 Year average price is £687,441 with Total Sold: 28
    • The most recent sale happened at this postcode is , THE STABLES CRESCENT ROAD: £1,315,000 (Sold on 12 Jun 2024)
    • The first recorded sale happened at this postcode is , 5 MILL FIELD: £86,000 (Sold on 16 Jan 1995)
  • Detached
    • The average price is around £448,975 median price is £358,500 Standard Deviation is £385,957 with Total Sold: 442
    • The Last 5 Year average price is £840,245 with Total Sold: 57
    • The most recent sale happened at this postcode is , 192 HIGH STREET: £610,000 (Sold on 14 Dec 2023)
    • The first recorded sale happened at this postcode is , ALBERT COTTAGE, 20 VICTORIA ROAD: £68,500 (Sold on 04 Jan 1995)
  • Flat
    • The average price is around £270,680 median price is £250,000 Standard Deviation is £177,367 with Total Sold: 201
    • The Last 5 Year average price is £425,102 with Total Sold: 28
    • The most recent sale happened at this postcode is , MARINERS LOFT, 127C HIGH STREET: £350,000 (Sold on 13 Nov 2023)
    • The first recorded sale happened at this postcode is , THE DUTCH FLAT, 217A HIGH STREET: £28,000 (Sold on 20 Mar 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£525,0001
2023£20,0001
2022£1,282,500 £11,035 4
2021£617,800 £5,221 5
2020£965,000 £4,735 4
2019£474,850 £3,156 5
2018£630,000 £4,927 4
2017£726,249 £4,630 4
2016£391,750 £3,794 4
2015£1,147,001 £8,177 3
2014£465,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£644,777 £5,287 10
2023£825,000 £5,537 3
2022£816,864 £7,246 11
2021£551,700 £7,466 10
2020£666,806 £5,853 18
2019£545,283 £5,132 14
2018£511,727 £5,702 11
2017£487,406 £5,279 16
2016£511,730 £5,991 10
2015£507,607 £5,560 14
2014£402,333 £4,375 15
2013£461,976 £4,596 21
2012£378,382 £4,512 14
2011£436,000 £5,051 10
2010£375,870 £4,085 20
2009£312,991 £4,118 28
2008£267,206 £3,695 17
2007£312,722 £3,929 27
2006£323,188 £3,510 16
2005£373,265 £3,243 17
2004£307,393 £3,921 14
2003£243,445 £2,727 23
2002£202,968 £2,932 19
2001£158,437 £2,628 17
2000£169,106 £2,198 16
1999£92,474 £1,133 21
1998£104,227 £939 21
1997£82,537 £955 32
1996£86,808 £824 26
1995£67,358 £941 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£842,500 £5,441 2
2023£878,333 £5,836 3
2022£622,200 £8,546 5
2021£548,750 £6,554 4
2020£687,483 £5,653 9
2019£687,000 £6,634 5
2018£647,500 £5,256 2
2017£474,375 £6,258 6
2016£584,375 £4,307 4
2015£467,109 £4,451 8
2014£526,875 £7,100 8
2013£415,000 £4,231 5
2012£519,818 £4,605 6
2011£572,214 £4,453 7
2010£444,000 £3,759 6
2009£462,212 £3,912 11
2008£404,700 £3,853 10
2007£319,125 £4,711 8
2006£421,545 £3,202 11
2005£338,250 £2,843 8
2004£221,875 £3,497 8
2003£313,250 £2,424 10
2002£318,055 £2,388 12
2001£180,167 £2,565 6
2000£178,850 £1,978 10
1999£145,525 £1,343 10
1998£134,929 £1,025 7
1997£87,300 £1,020 8
1996£94,033 £839 15
1995£84,692 £902 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£926,833 £6,886 6
2022£1,016,876 £6,313 12
2021£957,770 £8,418 9
2020£677,000 £5,928 15
2019£757,033 £4,997 15
2018£715,777 £4,850 13
2017£1,427,857 £4,472 7
2016£778,490 £5,086 11
2015£679,723 £4,541 11
2014£710,222 £4,340 9
2013£731,875 £4,179 8
2012£561,600 £5,091 10
2011£512,200 £5,245 10
2010£623,258 £4,309 19
2009£488,333 £4,601 18
2008£472,667 £3,544 12
2007£526,618 £3,119 17
2006£337,868 £4,086 19
2005£481,269 £3,053 13
2004£461,544 £3,077 16
2003£309,664 £2,717 17
2002£340,500 £2,105 10
2001£204,917 £2,216 18
2000£227,375 £1,757 18
1999£218,335 £1,446 32
1998£172,529 £1,091 35
1997£140,710 £1,049 24
1996£116,526 £814 21
1995£94,744 £1,049 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£445,000 £3,889 3
2022£328,750 £4,468 4
2021£545,000 £5,778 5
2020£419,286 £5,752 10
2019£389,167 £5,111 6
2018£361,000 £4,455 4
2017£486,357 £4,965 7
2016£393,333 £4,688 9
2015£288,000 £2,834 12
2014£344,583 £3,887 6
2013£363,650 £3,829 11
2012£358,333 £5,835 6
2011£440,786 £4,379 7
2010£283,056 £3,941 9
2009£275,500 £5,812 6
2008£275,700 £3,597 10
2007£287,733 £2,836 9
2006£310,500 £3,689 2
2005£286,408 £2,554 6
2004£245,950 £2,828 7
2003£217,000 £3,636 9
2002£150,238 £2,278 4
2001£130,0001
2000£90,889 £1,411 9
1999£61,061 £1,075 9
1998£62,290 £856 5
1997£63,500 £912 8
1996£51,950 £626 10
1995£51,065 £765 7

House Type in IP15 5HP area

The most common house types in the IP15 5HP postcode area are Detached (53), Semi-detached (28), and Terraced (17).

Total103
Detached53
Semi-detached28
Terraced17
Flat2
Shared house2
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (78), and Owned: Owns with a mortgage or loan (17).

Owned: Owns outright78
Owned: Owns with a mortgage or loan17
Private rented: Private landlord or letting agency8
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP15 5HP have 2 people in household (46), and 1 person in household (42).

2 people in household46
1 person in household42
4 people in household7
3 people in household6
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0