Housing Market Analysis for MILLWAY LANE, IP22 1AD

Are you looking to understand IP22 1AD 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 IP22 1AD area, explore the IP22 1AD Area information page.
For comprehensive crime statistics in the IP22 1AD area, explore the IP22 1AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP22 1AD postcode area, The average prices are as follows,

  • Other
    • The average price is around £585,000 median price is £585,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £585,000 with Total Sold: 1
    • The most recent sale happened at this postcode is IVY COTTAGE MILLWAY LANE: £585,000 (Sold on 29 Jan 2021)
    • The first recorded sale happened at this postcode is IVY COTTAGE MILLWAY LANE: £585,000 (Sold on 29 Jan 2021)
  • Detached
    • The average price is around £345,933 median price is £345,000 Standard Deviation is £111,253 with Total Sold: 12
    • The Last 5 Year average price is £395,000 with Total Sold: 3
    • The most recent sale happened at this postcode is GARDEN HOUSE MILLWAY LANE: £470,000 (Sold on 14 Oct 2020)
    • The first recorded sale happened at this postcode is STAR YARD MILLWAY LANE: £39,000 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 1AD 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£585,000 £8,125 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£395,000 £2,326 3
2015£407,500 £3,389 2
2014£350,000 £1,901 1
2011£335,000 £2,634 1
2010£445,000 £1,926 1
2004£345,000 £1,731 2
2003£292,193 £2,298 1
1995£39,000 £307 1

All the Sales in the MILLWAY LANE, IP22 1AD

See the table below for more details on the sold house prices in the IP22 1AD, Mid Suffolk postcode.

AddressSold DatePrice% Change
IVY COTTAGE MILLWAY LANEOther, FreeholdArea: 72 Sq.mtr29 Jan 2021£585,00072.06%
13 May 2015£340,000First Sale
GARDEN HOUSE MILLWAY LANEDetached, FreeholdArea: 216 Sq.mtrAge: 1983-199014 Oct 2020£470,000First Sale
STAR YARD MILLWAY LANEDetached, FreeholdArea: 127.17 Sq.mtrAge: 1996-200229 Sep 2020£400,00019.40%
03 Nov 2011£335,00014.65%
30 Jun 2003£292,193649.21%
15 Sep 1995£39,000First Sale
ROSEBANK MILLWAY LANEDetached, FreeholdArea: 190 Sq.mtrAge: 1950-196625 Sep 2020£315,000First Sale
ANCIENT MEADOW HOUSE MILLWAY LANEDetached, FreeholdArea: 230.99 Sq.mtrAge: 1983-199004 Dec 2015£475,0006.74%
17 Mar 2010£445,00011.95%
05 Oct 2004£397,500First Sale
LONGS FARMHOUSE MILLWAY LANEDetached, FreeholdArea: 184.1 Sq.mtrAge: before 190005 Sep 2014£350,000First Sale
FAIRHAVEN MILLWAY LANEDetached, FreeholdArea: 168 Sq.mtrAge: 1983-199028 Oct 2004£292,500First Sale

Check out the sold house prices near the IP22 1AD postcode. Properties currently for saleProperties currently for rent

MILLWAY LANE, IP22 1AD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP22 1AD 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 IP22 1AD postcode.

  • Detached
    • The average price is around £303,177 median price is £300,000 Standard Deviation is £146,782 with Total Sold: 296
    • The Last 5 Year average price is £441,429 with Total Sold: 64
    • The most recent sale happened at this postcode is , PLEMONT LOWS LANE: £330,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 8 CLARKE CLOSE: £123,000 (Sold on 01 Mar 1995)
  • Terraced
    • The average price is around £172,835 median price is £163,500 Standard Deviation is £117,775 with Total Sold: 48
    • The Last 5 Year average price is £394,167 with Total Sold: 6
    • The most recent sale happened at this postcode is , 8 GASSOCK DRIVE: £640,000 (Sold on 12 Sep 2023)
    • The first recorded sale happened at this postcode is , 4 FORGE CLOSE: £59,950 (Sold on 23 Jun 1995)
  • Semi-Detached
    • The average price is around £166,236 median price is £140,000 Standard Deviation is £109,604 with Total Sold: 65
    • The Last 5 Year average price is £285,667 with Total Sold: 9
    • The most recent sale happened at this postcode is 2, ROSE VILLA LOWS LANE: £375,000 (Sold on 07 Sep 2023)
    • The first recorded sale happened at this postcode is , 5 FORGE CLOSE: £45,000 (Sold on 19 Jan 1995)
  • Other
    • The average price is around £519,000 median price is £512,500 Standard Deviation is £390,747 with Total Sold: 8
    • The Last 5 Year average price is £546,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , PADDOCKS THE GREEN: £440,000 (Sold on 19 Feb 2021)
    • The first recorded sale happened at this postcode is , THE NOOK PRIORY ROAD: £10,000 (Sold on 31 May 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£457,5004
2023£500,000 £3,534 4
2022£483,000 £3,202 5
2021£455,066 £3,657 22
2020£413,941 £2,934 17
2019£413,167 £2,654 12
2018£375,970 £2,722 10
2017£399,944 £2,645 9
2016£356,462 £2,514 13
2015£345,200 £2,475 15
2014£382,500 £1,950 4
2013£328,190 £2,015 10
2012£299,182 £2,187 11
2011£327,056 £2,490 9
2010£356,812 £2,170 8
2009£262,177 £1,791 11
2008£321,190 £2,305 5
2007£291,667 £2,022 12
2006£330,192 £1,922 13
2005£330,500 £1,902 5
2004£289,545 £1,609 10
2003£325,116 £2,168 6
2002£274,375 £1,503 8
2001£195,528 £1,605 9
2000£115,900 £1,083 5
1999£153,276 £1,256 19
1998£90,900 £676 5
1997£98,189 £652 8
1996£125,698 £760 10
1995£99,554 £659 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£485,000 £3,553 2
2022£300,000 £3,947 1
2021£440,000 £3,093 2
2019£215,000 £2,829 1
2018£210,833 £3,108 3
2016£196,667 £3,290 3
2015£227,475 £2,432 2
2014£179,040 £2,711 5
2013£142,750 £1,992 2
2012£167,000 £2,037 1
2011£162,000 £2,244 1
2010£110,000 £2,103 1
2009£144,625 £3,218 4
2008£189,165 £2,179 3
2006£179,667 £1,796 3
2004£140,000 £3,128 1
2003£145,000 £1,908 1
2001£111,0001
2000£98,000 £1,089 1
1999£79,000 £878 1
1998£51,500 £851 2
1997£29,000 £391 2
1996£41,0001
1995£43,488 £457 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£378,333 £3,178 3
2022£315,000 £3,462 1
2021£233,250 £2,396 2
2020£234,500 £2,931 1
2019£210,000 £2,363 2
2017£305,475 £2,995 2
2016£454,9982
2014£182,000 £2,046 3
2013£327,500 £2,401 2
2011£191,150 £2,382 3
2009£145,750 £1,667 2
2007£299,0001
2006£194,575 £2,214 6
2005£208,000 £2,174 1
2004£215,0001
2003£153,0002
2002£133,750 £1,356 2
2001£95,009 £969 7
2000£97,500 £1,003 2
1999£63,875 £689 4
1998£76,738 £900 4
1997£79,938 £709 4
1996£45,000 £661 1
1995£56,750 £635 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£546,667 £8,125 3
2018£850,000 £3,300 1
2017£631,000 £6,500 2
2016£200,000 £183 2

House Type in IP22 1AD area

The most common house types in the IP22 1AD postcode area are Detached (78), Semi-detached (39), and Terraced (20).

Total139
Detached78
Semi-detached39
Terraced20
Shared house1
temporary structure1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (89), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright89
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency12
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP22 1AD have 2 people in household (61), and 1 person in household (43).

2 people in household61
1 person in household43
4 people in household16
3 people in household15
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0