Housing Market Analysis for LOTUS CLOSE, IP1 5QH

Are you looking to understand IP1 5QH 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 Ipswich postcode.

For the location information and nearby amenities in the IP1 5QH area, explore the IP1 5QH Area information page.
For comprehensive crime statistics in the IP1 5QH area, explore the IP1 5QH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP1 5QH postcode area, The average prices are as follows,

Detached
- The average price is around £193,202 median price is £185,000 Standard Deviation is £70,572 with Total Sold: 33
- The Last 5 Year average price is £335,500 with Total Sold: 4
- The most recent sale happened at this postcode is 16 LOTUS CLOSE: £425,000 (Sold on 26 Aug 2022)
- The first recorded sale happened at this postcode is 8 LOTUS CLOSE: £141,427 (Sold on 26 Mar 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IP1 5QH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£425,000	£3,455	1
2020	£305,000	£3,110	2
2019	£307,000	£2,741	1
2017	£325,000		1
2014	£199,000	£2,211	1
2012	£207,500	£1,929	1
2011	£210,500	£2,523	2
2007	£224,122	£2,203	2
2006	£222,500		1
2005	£187,500	£1,769	1
2004	£183,000	£1,779	3
2003	£199,725	£1,703	2
2002	£148,124		2
2001	£136,787	£1,212	13

All the Sales in the LOTUS CLOSE, IP1 5QH

See the table below for more details on the sold house prices in the IP1 5QH, Ipswich postcode.

Address	Sold Date	Price	% Change
16 LOTUS CLOSEDetached, FreeholdArea: 123 Sq.mtrAge: 1996-2002	26 Aug 2022	£425,000	102.86%
	05 Sep 2003	£209,500	35.60%
	06 Dec 2001	£154,500	First Sale
1 LOTUS CLOSEDetached, FreeholdArea: 106 Sq.mtrAge: 1996-2002	26 Mar 2020	£333,000	77.60%
	27 Jun 2005	£187,500	47.70%
	21 Sep 2001	£126,950	First Sale
12 LOTUS CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1996-2002	24 Jan 2020	£277,000	39.20%
	24 Apr 2014	£199,000	0.38%
	02 Aug 2007	£198,250	18.01%
	16 Aug 2004	£168,000	46.09%
	23 Nov 2001	£115,000	First Sale
5 LOTUS CLOSEDetached, FreeholdArea: 112 Sq.mtrAge: 1991-1995	26 Apr 2019	£307,000	56.63%
	27 Feb 2004	£196,000	49.05%
	26 Oct 2001	£131,500	First Sale
11 LOTUS CLOSEDetached, Freehold	24 Aug 2017	£325,000	57.77%
	02 Aug 2011	£206,000	-7.42%
	03 Feb 2006	£222,500	62.56%
	17 Dec 2001	£136,870	First Sale
14 LOTUS CLOSEDetached, FreeholdArea: 107.56 Sq.mtrAge: 1996-2002	14 Sep 2012	£207,500	12.16%
	13 Aug 2004	£185,000	39.09%
	07 Dec 2001	£133,004	First Sale
7 LOTUS CLOSEDetached, FreeholdArea: 85.2 Sq.mtrAge: 1996-2002	13 Jun 2011	£215,000	58.04%
	28 Sep 2001	£136,040	First Sale
8 LOTUS CLOSEDetached, Freehold	26 Oct 2007	£249,995	31.61%
	21 Nov 2003	£189,950	11.74%
	06 Sep 2002	£170,000	20.20%
	26 Mar 2001	£141,427	First Sale
15 LOTUS CLOSEDetached, Freehold	18 Jan 2002	£126,249	First Sale
19 LOTUS CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1996-2002	21 Dec 2001	£133,950	First Sale
17 LOTUS CLOSEDetached, FreeholdArea: 133 Sq.mtrAge: 1996-2002	21 Dec 2001	£136,000	First Sale
9 LOTUS CLOSEDetached, Freehold	12 Dec 2001	£154,123	First Sale
10 LOTUS CLOSEDetached, FreeholdArea: 147 Sq.mtrAge: 1996-2002	07 Dec 2001	£145,000	First Sale
3 LOTUS CLOSEDetached, FreeholdArea: 111 Sq.mtrAge: 1996-2002	28 Sep 2001	£133,870	First Sale

Check out the sold house prices near the IP1 5QH postcode. Properties currently for saleProperties currently for rent

LOTUS CLOSE, IP1 5QH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP1 5QH 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 IP1 5QH postcode.

Terraced
- The average price is around £114,502 median price is £116,000 Standard Deviation is £54,367 with Total Sold: 475
- The Last 5 Year average price is £185,861 with Total Sold: 65
- The most recent sale happened at this postcode is , 728 BRAMFORD ROAD: £155,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 22 MAUDSLAY ROAD: £39,950 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £125,452 median price is £124,748 Standard Deviation is £61,150 with Total Sold: 652
- The Last 5 Year average price is £214,649 with Total Sold: 101
- The most recent sale happened at this postcode is , 38 DIAMOND CLOSE: £260,000 (Sold on 19 Jul 2024)
- The first recorded sale happened at this postcode is , 72 HENNIKER ROAD: £38,000 (Sold on 25 Jan 1995)
Flat
- The average price is around £97,498 median price is £101,250 Standard Deviation is £41,932 with Total Sold: 49
- The Last 5 Year average price is £140,559 with Total Sold: 17
- The most recent sale happened at this postcode is FLAT 5, 65 MIMAS WAY: £175,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 20 LOVETOFTS DRIVE: £23,350 (Sold on 01 Jul 1996)
Detached
- The average price is around £174,955 median price is £154,062 Standard Deviation is £85,195 with Total Sold: 262
- The Last 5 Year average price is £325,155 with Total Sold: 29
- The most recent sale happened at this postcode is , 15 BENTLEY ROAD: £375,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 9 HIGH VIEW ROAD: £49,000 (Sold on 26 Apr 1995)
Other
- The average price is around £486,966 median price is £160,000 Standard Deviation is £529,528 with Total Sold: 5
- The Last 5 Year average price is £298,943 with Total Sold: 3
- The most recent sale happened at this postcode is , THE FLYING HORSE, 4 WATERFORD ROAD: £160,000 (Sold on 08 Feb 2024)
- The first recorded sale happened at this postcode is , UNIT 2 LOVETOFTS DRIVE: £1,425,000 (Sold on 18 Oct 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£179,583		6
2023	£205,562	£2,859	8
2022	£197,484	£2,812	7
2021	£188,525	£2,527	12
2020	£182,894	£2,518	16
2019	£174,250	£2,413	16
2018	£190,533	£2,460	15
2017	£168,107	£2,247	14
2016	£161,341	£2,106	16
2015	£136,250	£1,978	20
2014	£136,630	£1,961	23
2013	£126,777	£1,748	9
2012	£117,917	£1,587	12
2011	£110,700	£1,696	10
2010	£107,667	£1,582	6
2009	£128,222	£1,698	9
2008	£122,267	£1,683	15
2007	£122,278	£1,754	23
2006	£130,864	£1,807	27
2005	£132,894	£1,704	19
2004	£110,052	£1,664	27
2003	£88,830	£1,343	15
2002	£83,500	£1,146	16
2001	£63,188	£883	25
2000	£59,731	£903	19
1999	£58,353	£859	24
1998	£42,272	£611	20
1997	£39,136	£642	18
1996	£44,250	£581	18
1995	£37,795	£637	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,000	£2,458	5
2023	£232,464	£3,063	14
2022	£218,615	£3,741	13
2021	£214,907	£2,813	27
2020	£205,587	£2,657	23
2019	£200,895	£2,473	19
2018	£192,882	£2,634	17
2017	£206,113	£2,512	22
2016	£165,875	£2,375	16
2015	£151,083	£2,090	18
2014	£144,656	£1,850	16
2013	£137,892	£1,666	14
2012	£140,108	£1,882	13
2011	£126,731	£1,790	13
2010	£120,077	£1,803	13
2009	£119,029	£1,759	19
2008	£133,591	£1,922	11
2007	£150,086	£1,855	33
2006	£131,753	£1,728	35
2005	£120,223	£1,699	30
2004	£124,143	£1,651	41
2003	£103,797	£1,306	26
2002	£87,163	£1,230	22
2001	£72,003	£881	30
2000	£71,544	£853	28
1999	£61,185	£871	40
1998	£48,426	£615	25
1997	£50,727	£683	33
1996	£42,236	£576	21
1995	£44,200	£618	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£153,500		2
2023	£145,000	£2,685	1
2022	£143,333	£2,512	3
2021	£127,167	£2,017	3
2020	£118,000	£2,163	2
2019	£148,333	£2,462	6
2018	£123,000	£2,196	1
2017	£122,500	£1,923	2
2016	£108,625	£1,704	2
2015	£110,000	£2,204	1
2014	£90,000	£1,599	1
2011	£77,500	£1,485	2
2010	£70,000	£1,273	1
2009	£78,498	£1,500	2
2008	£107,000		1
2007	£84,000	£1,536	2
2006	£96,500	£1,519	2
2005	£83,000		1
2004	£83,000	£1,129	2
2003	£51,273	£819	6
2001	£35,045	£469	4
2000	£32,500	£602	1
1996	£23,350	£432	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,000	£2,975	2
2023	£402,000	£3,614	5
2022	£425,000	£3,455	1
2021	£332,611	£3,181	9
2020	£317,000	£2,861	6
2019	£248,167	£2,643	6
2018	£287,500	£2,818	4
2017	£288,343	£2,606	7
2016	£235,500	£2,400	5
2015	£270,000	£2,000	1
2014	£216,500	£2,002	7
2013	£192,150	£2,224	10
2012	£198,000	£2,151	4
2011	£223,856	£1,997	7
2010	£200,899	£2,051	5
2009	£153,333	£1,992	3
2008	£270,000		1
2007	£222,119	£2,179	10
2006	£210,437	£1,891	8
2005	£160,995	£1,726	10
2004	£159,000	£1,594	10
2003	£168,195	£1,650	15
2002	£159,847	£1,324	15
2001	£125,962	£1,150	48
2000	£119,511	£1,006	26
1999	£99,630	£909	25
1998	£50,333	£743	3
1997	£46,750	£434	4
1996	£48,583	£609	3
1995	£54,475		2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,000		1
2021	£368,415	£276	2
2017	£113,000	£2,093	1
2013	£1,425,000		1

House Type in IP1 5QH area

The most common house types in the IP1 5QH postcode area are Detached (87), Semi-detached (48), and Terraced (43).

Total	194
Detached	87
Semi-detached	48
Terraced	43
Flat	16
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (79), and Owned: Owns outright (47).

Owned: Owns with a mortgage or loan	79
Owned: Owns outright	47
Social rented: Other social rented	44
Private rented: Private landlord or letting agency	15
Social rented: Rents from council or Local Authority	7
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IP1 5QH have 2 people in household (58), and 1 person in household (52).

2 people in household	58
1 person in household	52
3 people in household	43
4 people in household	20
5 people in household	18
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0