Housing Market Analysis for MILL LANE, IP21 5TP

Are you looking to understand IP21 5TP 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 IP21 5TP area, explore the IP21 5TP Area information page.
For comprehensive crime statistics in the IP21 5TP area, explore the IP21 5TP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP21 5TP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £636,167 median price is £668,500 Standard Deviation is £69,205 with Total Sold: 3
    • The Last 5 Year average price is £604,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 MILL LANE: £668,500 (Sold on 28 Sep 2023)
    • The first recorded sale happened at this postcode is MILL LANE FARM MILL LANE: £700,000 (Sold on 06 Nov 2006)
  • Other
    • The average price is around £100,000 median price is £100,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £100,000 with Total Sold: 1
    • The most recent sale happened at this postcode is CHRISTMAS TREE BARN MILL LANE: £100,000 (Sold on 24 Apr 2019)
    • The first recorded sale happened at this postcode is CHRISTMAS TREE BARN MILL LANE: £100,000 (Sold on 24 Apr 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average IP21 5TP 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£668,500 £4,548 1
2020£540,000 £3,673 1
2006£700,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£100,0001

All the Sales in the MILL LANE, IP21 5TP

See the table below for more details on the sold house prices in the IP21 5TP, Mid Suffolk postcode.

AddressSold DatePrice% Change
1 MILL LANEDetached, FreeholdArea: 147 Sq.mtrAge: 1983-199028 Sep 2023£668,50023.80%
23 Jan 2020£540,000First Sale
CHRISTMAS TREE BARN MILL LANEOther, Freehold24 Apr 2019£100,000First Sale
MILL LANE FARM MILL LANEDetached, Freehold06 Nov 2006£700,000First Sale

Check out the sold house prices near the IP21 5TP postcode. Properties currently for saleProperties currently for rent

MILL LANE, IP21 5TP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP21 5TP 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 IP21 5TP postcode.

  • Detached
    • The average price is around £242,319 median price is £215,000 Standard Deviation is £147,313 with Total Sold: 80
    • The Last 5 Year average price is £445,125 with Total Sold: 12
    • The most recent sale happened at this postcode is , 1 MILL LANE: £668,500 (Sold on 28 Sep 2023)
    • The first recorded sale happened at this postcode is , WILDWINGS HOXNE ROAD: £86,000 (Sold on 23 Jun 1995)
  • Semi-Detached
    • The average price is around £162,025 median price is £156,500 Standard Deviation is £94,851 with Total Sold: 22
    • The Last 5 Year average price is £287,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , GREENACRES THE STREET: £400,000 (Sold on 24 May 2021)
    • The first recorded sale happened at this postcode is , 3 ABLETT CLOSE: £19,500 (Sold on 09 Oct 1996)
  • Terraced
    • The average price is around £125,167 median price is £125,000 Standard Deviation is £62,451 with Total Sold: 15
    • The Last 5 Year average price is £209,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 6 POST OFFICE COTTAGES: £232,000 (Sold on 24 Feb 2021)
    • The first recorded sale happened at this postcode is , 4 ABLETT CLOSE: £16,000 (Sold on 30 May 1997)
  • Other
    • The average price is around £173,429 median price is £207,500 Standard Deviation is £51,967 with Total Sold: 3
    • The Last 5 Year average price is £100,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , CHRISTMAS TREE BARN MILL LANE: £100,000 (Sold on 24 Apr 2019)
    • The first recorded sale happened at this postcode is , CROWN INN THE STREET: £207,500 (Sold on 16 Oct 2015)
  • Flat
    • The average price is around £130,000 median price is £130,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 10 POST OFFICE COTTAGES: £130,000 (Sold on 18 Oct 2010)
    • The first recorded sale happened at this postcode is , 10 POST OFFICE COTTAGES: £130,000 (Sold on 18 Oct 2010)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£646,750 £4,538 2
2022£425,000 £3,935 1
2021£315,000 £1,641 1
2020£491,250 £2,668 4
2019£335,750 £2,880 4
2018£277,750 £2,579 2
2017£298,333 £2,405 3
2016£265,000 £2,552 1
2015£270,000 £2,668 1
2014£246,250 £1,967 4
2013£390,000 £1,951 1
2012£287,500 £2,842 2
2011£298,000 £2,956 1
2009£230,000 £1,612 3
2008£225,000 £1,835 2
2006£382,750 £1,788 4
2005£224,000 £2,329 2
2004£262,429 £2,263 7
2003£232,075 £1,497 6
2002£195,100 £1,117 5
2001£122,000 £989 4
2000£139,500 £1,147 3
1999£86,317 £771 3
1998£83,550 £629 4
1997£76,990 £938 5
1996£121,983 £798 3
1995£118,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£400,000 £1,860 1
2019£175,000 £2,397 1
2018£175,000 £2,936 1
2017£347,500 £1,616 1
2016£330,000 £2,500 1
2015£167,500 £2,094 1
2014£168,167 £2,521 3
2011£171,3001
2009£130,000 £2,181 1
2006£130,500 £2,219 2
2005£192,500 £2,513 2
2003£105,000 £1,154 1
2001£109,000 £871 2
2000£63,375 £385 2
1998£48,500 £710 1
1996£19,500 £253 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£232,000 £2,320 1
2020£197,500 £2,831 2
2016£182,250 £2,867 2
2015£138,500 £2,108 2
2014£125,000 £1,866 1
2013£93,000 £1,550 1
2008£85,000 £1,269 1
2007£124,0001
2001£67,000 £670 1
1999£49,500 £526 2
1997£16,000 £239 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£100,0001
2016£212,7861
2015£207,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£130,000 £2,241 1

House Type in IP21 5TP area

The most common house types in the IP21 5TP postcode area are Detached (110), Semi-detached (52), and Terraced (14).

Total181
Detached110
Semi-detached52
Terraced14
Flat3
Shared house1
temporary structure1
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (94), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright94
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency20
Social rented: Rents from council or Local Authority19
Private rented: Other private rented3
Social rented: Other social rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP21 5TP have 2 people in household (89), and 1 person in household (48).

2 people in household89
1 person in household48
4 people in household20
3 people in household19
5 people in household2
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0