Housing Market Analysis for IP17 1LB

Are you looking to understand IP17 1LB 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 IP17 1LB area, explore the IP17 1LB Area information page.
For comprehensive crime statistics in the IP17 1LB area, explore the IP17 1LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP17 1LB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £410,214 median price is £425,000 Standard Deviation is £197,917 with Total Sold: 7
    • The Last 5 Year average price is £600,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2, FARNHAM BARN: £685,000 (Sold on 14 Feb 2022)
    • The first recorded sale happened at this postcode is 5, FARNHAM HALL: £105,000 (Sold on 21 Mar 1997)
  • Terraced
    • The average price is around £485,000 median price is £485,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, FARNHAM HALL: £485,000 (Sold on 26 Nov 2015)
    • The first recorded sale happened at this postcode is 2, FARNHAM HALL: £485,000 (Sold on 26 Nov 2015)
  • Semi-Detached
    • The average price is around £118,000 median price is £118,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, FARNHAM HALL: £118,000 (Sold on 03 Apr 1998)
    • The first recorded sale happened at this postcode is 2, FARNHAM HALL: £118,000 (Sold on 03 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP17 1LB 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£685,000 £2,261 1
2021£515,000 £2,441 1
2016£625,000 £10,965 1
2005£425,000 £2,014 1
1999£290,000 £5,088 1
1998£226,500 £695 1
1997£105,000 £498 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£485,000 £2,299 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£118,000 £559 1

All the Sales in the IP17 1LB

See the table below for more details on the sold house prices in the IP17 1LB, East Suffolk postcode.

AddressSold DatePrice% Change
2, FARNHAM BARNDetached, FreeholdArea: 303 Sq.mtrAge: before 190014 Feb 2022£685,000First Sale
FARNHAM HALL FARM HOUSEDetached, FreeholdArea: 211 Sq.mtrAge: before 190027 Aug 2021£515,00021.18%
30 Sep 2005£425,000First Sale
2A FARNHAM BARNDetached, FreeholdArea: 57 Sq.mtrAge: 1996-200228 Jul 2016£625,000115.52%
01 Dec 1999£290,000First Sale
2, FARNHAM HALLTerraced, FreeholdArea: 211 Sq.mtrAge: before 190026 Nov 2015£485,000311.02%
03 Apr 1998£118,000First Sale
FARNHAM BARNDetached, FreeholdArea: 326 Sq.mtrAge: 1983-199007 Aug 1998£226,500First Sale
5, FARNHAM HALLDetached, FreeholdArea: 211 Sq.mtrAge: before 190021 Mar 1997£105,000First Sale

Check out the sold house prices near the IP17 1LB postcode. Properties currently for saleProperties currently for rent

IP17 1LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP17 1LB 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 IP17 1LB postcode.

  • Detached
    • The average price is around £245,248 median price is £188,750 Standard Deviation is £155,326 with Total Sold: 26
    • The Last 5 Year average price is £449,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , THE OLD FORGE HOUSE THE STREET: £320,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , ELM TREE COTTAGE THE STREET: £60,000 (Sold on 12 Oct 1995)
  • Other
    • The average price is around £148,333 median price is £160,000 Standard Deviation is £63,814 with Total Sold: 3
    • The Last 5 Year average price is £160,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 4, FARNHAM INDUSTRIAL ESTATE THE STREET: £160,000 (Sold on 17 Feb 2023)
    • The first recorded sale happened at this postcode is UNIT 1, FARNHAM INDUSTRIAL ESTATE THE STREET: £65,000 (Sold on 18 Jun 2015)
  • Terraced
    • The average price is around £210,167 median price is £107,500 Standard Deviation is £196,397 with Total Sold: 3
    • The most recent sale happened at this postcode is 2, FARNHAM HALL : £485,000 (Sold on 26 Nov 2015)
    • The first recorded sale happened at this postcode is , TURRET COTTAGE THE STREET: £38,000 (Sold on 06 Apr 1995)
  • Semi-Detached
    • The average price is around £109,375 median price is £86,500 Standard Deviation is £65,419 with Total Sold: 4
    • The most recent sale happened at this postcode is , 1 ST MARYS VIEW: £213,000 (Sold on 06 Oct 2006)
    • The first recorded sale happened at this postcode is , THE OLD POOR HOUSE THE STREET: £51,500 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,000 £1,778 1
2022£685,000 £2,261 1
2021£396,250 £2,441 2
2016£401,500 £6,186 2
2014£214,500 £2,020 4
2012£150,000 £1,974 1
2008£225,000 £1,779 1
2006£203,3333
2005£425,000 £2,014 1
2003£161,5002
2002£172,4752
1999£290,000 £5,088 1
1998£135,000 £468 2
1997£110,000 £498 2
1995£60,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£160,0001
2015£142,5002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£485,000 £2,299 1
2006£107,5001
1995£38,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£213,000 £2,084 1
2003£55,0001
1998£118,000 £559 1
1995£51,5001

House Type in IP17 1LB area

The most common house types in the IP17 1LB postcode area are Detached (29), Semi-detached (15), and Terraced (8).

Total55
Detached29
Semi-detached15
Terraced8
Flat1
Shared house1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (31), and Owned: Owns with a mortgage or loan (12).

Owned: Owns outright31
Owned: Owns with a mortgage or loan12
Private rented: Private landlord or letting agency10
Social rented: Other social rented1
Private rented: Other private rented1
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 IP17 1LB have 2 people in household (25), and 1 person in household (15).

2 people in household25
1 person in household15
3 people in household8
4 people in household5
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0