Housing Market Analysis for THE CHIPPINGS, IP15 5LB

Are you looking to understand IP15 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 East Suffolk postcode.

For the location information and nearby amenities in the IP15 5LB area, explore the IP15 5LB Area information page.
For comprehensive crime statistics in the IP15 5LB area, explore the IP15 5LB Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £286,333 median price is £251,250 Standard Deviation is £167,678 with Total Sold: 6
    • The Last 5 Year average price is £486,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 THE CHIPPINGS: £600,000 (Sold on 25 Jan 2023)
    • The first recorded sale happened at this postcode is 1 THE CHIPPINGS: £73,000 (Sold on 16 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP15 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
2023£600,000 £4,615 1
2021£372,500 £5,321 1
2007£277,500 £2,392 1
2001£197,500 £1,598 2
1996£73,000 £1,043 1

All the Sales in the THE CHIPPINGS, IP15 5LB

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

AddressSold DatePrice% Change
3 THE CHIPPINGSDetached, FreeholdArea: 130 Sq.mtrAge: 1976-198225 Jan 2023£600,000166.67%
11 Oct 2001£225,000First Sale
1 THE CHIPPINGSDetached, FreeholdArea: 70 Sq.mtrAge: 1983-199004 Jun 2021£372,500410.27%
16 Aug 1996£73,000First Sale
2 THE CHIPPINGSDetached, FreeholdArea: 116 Sq.mtrAge: 1983-199013 Apr 2007£277,50063.24%
22 Mar 2001£170,000First Sale

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

THE CHIPPINGS, IP15 5LB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £364,041 median price is £319,000 Standard Deviation is £229,813 with Total Sold: 393
    • The Last 5 Year average price is £559,406 with Total Sold: 64
    • The most recent sale happened at this postcode is , 60 SAXMUNDHAM ROAD: £975,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 69 SAXMUNDHAM ROAD: £78,000 (Sold on 16 Feb 1995)
  • Other
    • The average price is around £75,000 median price is £75,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £75,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 181A SAXMUNDHAM ROAD: £75,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is , 181A SAXMUNDHAM ROAD: £75,000 (Sold on 31 Mar 2023)
  • Semi-Detached
    • The average price is around £207,929 median price is £198,998 Standard Deviation is £109,940 with Total Sold: 128
    • The Last 5 Year average price is £343,911 with Total Sold: 22
    • The most recent sale happened at this postcode is , 97 SAXMUNDHAM ROAD: £385,000 (Sold on 31 Jan 2023)
    • The first recorded sale happened at this postcode is , 113 SAXMUNDHAM ROAD: £37,750 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £86,750 median price is £81,000 Standard Deviation is £54,774 with Total Sold: 6
    • The Last 5 Year average price is £187,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 23 FOLLY END: £187,000 (Sold on 29 Oct 2021)
    • The first recorded sale happened at this postcode is , 23 FOLLY END: £28,500 (Sold on 12 Aug 1996)
  • Terraced
    • The average price is around £207,995 median price is £189,975 Standard Deviation is £107,361 with Total Sold: 10
    • The most recent sale happened at this postcode is , 6 THE SANDLINGS: £440,000 (Sold on 18 Apr 2018)
    • The first recorded sale happened at this postcode is , 49 FRANKLIN ROAD: £45,000 (Sold on 18 Jul 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£649,000 £4,825 5
2023£597,222 £3,930 9
2022£628,636 £6,110 11
2021£558,529 £4,618 17
2020£537,700 £4,457 10
2019£449,583 £3,680 12
2018£406,900 £3,849 5
2017£442,421 £4,243 19
2016£573,176 £3,911 17
2015£399,227 £3,254 22
2014£505,409 £3,425 11
2013£393,075 £3,122 10
2012£348,500 £3,148 12
2011£388,967 £3,126 15
2010£421,937 £3,164 10
2009£390,500 £2,702 10
2008£617,814 £3,244 10
2007£384,375 £2,761 12
2006£317,100 £2,349 20
2005£300,405 £2,478 19
2004£374,795 £2,375 21
2003£244,695 £2,291 14
2002£219,383 £1,729 15
2001£204,155 £1,653 22
2000£170,923 £1,233 13
1999£161,693 £1,239 14
1998£90,917 £1,010 6
1997£104,961 £888 9
1996£111,792 £938 12
1995£130,114 £917 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£75,000 £421 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£385,000 £4,583 1
2022£406,710 £5,043 5
2021£333,611 £3,944 9
2020£295,000 £3,123 2
2019£311,000 £3,708 5
2018£275,250 £3,072 4
2017£299,994 £4,373 8
2016£286,500 £3,802 5
2015£300,000 £2,964 3
2014£218,012 £2,375 8
2013£192,750 £2,265 6
2012£200,000 £2,319 2
2011£226,667 £3,276 3
2010£203,583 £2,154 6
2009£179,000 £1,813 3
2008£167,450 £2,447 2
2007£229,427 £3,019 7
2006£192,000 £1,959 4
2005£235,250 £1,654 4
2004£135,000 £1,539 4
2003£139,900 £1,537 5
2002£96,599 £766 5
2001£147,000 £1,676 7
2000£60,388 £442 4
1999£52,500 £446 2
1998£60,500 £624 4
1997£40,883 £650 3
1996£42,500 £411 4
1995£64,583 £574 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£187,000 £3,117 1
2017£115,000 £1,917 1
2009£92,000 £1,566 1
2002£70,000 £1,167 1
1996£28,250 £476 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£440,000 £4,490 1
2015£325,000 £3,316 1
2014£165,000 £2,143 1
2011£248,000 £3,863 1
2008£234,500 £3,653 1
2005£189,975 £2,163 2
2003£137,500 £854 1
2000£105,000 £1,636 1
1997£45,0001

House Type in IP15 5LB area

The most common house types in the IP15 5LB postcode area are Detached (138), Semi-detached (9), and Terraced (1).

Total149
Detached138
Semi-detached9
Terraced1
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (118), and Owned: Owns with a mortgage or loan (16).

Owned: Owns outright118
Owned: Owns with a mortgage or loan16
Private rented: Private landlord or letting agency9
Private rented: Other private rented4
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP15 5LB have 2 people in household (86), and 1 person in household (42).

2 people in household86
1 person in household42
3 people in household14
4 people in household4
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0