Housing Market Analysis for WATER LANE, IP22 1JU

Are you looking to understand IP22 1JU 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 West Suffolk postcode.

For the location information and nearby amenities in the IP22 1JU area, explore the IP22 1JU Area information page.
For comprehensive crime statistics in the IP22 1JU area, explore the IP22 1JU Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £1,101,979 median price is £1,101,979 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,101,979 with Total Sold: 1
    • The most recent sale happened at this postcode is KAYS FARM WATER LANE: £1,101,979 (Sold on 26 Apr 2019)
    • The first recorded sale happened at this postcode is KAYS FARM WATER LANE: £1,101,979 (Sold on 26 Apr 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 1JU 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
2019£1,101,9791

All the Sales in the WATER LANE, IP22 1JU

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

AddressSold DatePrice% Change
KAYS FARM WATER LANEOther, Freehold26 Apr 2019£1,101,979First Sale

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

WATER LANE, IP22 1JU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £257,757 median price is £242,500 Standard Deviation is £136,802 with Total Sold: 38
    • The Last 5 Year average price is £410,833 with Total Sold: 6
    • The most recent sale happened at this postcode is , WILLOW HOUSE FEN LANE: £650,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is , BAGGINSEND HOPTON ROAD: £86,000 (Sold on 12 Jul 1995)
  • Terraced
    • The average price is around £302,500 median price is £205,000 Standard Deviation is £215,592 with Total Sold: 5
    • The Last 5 Year average price is £650,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , WILLOW HOUSE FEN LANE: £650,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is 2, HAMLET COTTAGES HOPTON ROAD: £130,000 (Sold on 05 Nov 2004)
  • Other
    • The average price is around £605,451 median price is £675,000 Standard Deviation is £436,585 with Total Sold: 3
    • The Last 5 Year average price is £888,490 with Total Sold: 2
    • The most recent sale happened at this postcode is , CROSS GREEN FARM HOPTON ROAD: £675,000 (Sold on 31 May 2019)
    • The first recorded sale happened at this postcode is , OAK TREE FARM FEN LANE: £39,375 (Sold on 17 Oct 2018)
  • Semi-Detached
    • The average price is around £139,900 median price is £136,000 Standard Deviation is £77,145 with Total Sold: 15
    • The most recent sale happened at this postcode is , 2 HOPTON ROAD: £250,000 (Sold on 26 Jul 2018)
    • The first recorded sale happened at this postcode is , 2 HOPTON ROAD: £48,500 (Sold on 18 Jul 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,0001
2023£330,000 £3,300 1
2021£410,000 £3,973 1
2020£365,000 £3,544 1
2019£355,000 £3,456 2
2018£564,0001
2017£300,000 £2,804 1
2016£385,000 £2,133 1
2015£396,500 £2,328 2
2013£235,000 £2,918 1
2011£187,000 £2,322 1
2009£300,000 £2,362 1
2008£265,000 £2,261 2
2007£335,667 £2,326 3
2006£235,250 £1,800 2
2003£244,167 £1,929 3
2002£220,0001
2001£164,250 £1,590 4
2000£159,5001
1998£120,0001
1997£75,0001
1996£107,7503
1995£90,3333
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£650,0001
2015£263,7502
2006£205,0001
2004£130,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£888,490 £3,462 2
2018£39,375 £236 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£250,000 £2,688 1
2014£265,000 £2,626 1
2013£136,000 £1,889 1
2007£196,000 £2,108 1
2005£151,000 £1,883 3
2004£235,000 £1,808 1
2002£205,000 £1,577 1
2001£56,500 £785 1
2000£45,000 £346 1
1999£81,000 £803 1
1997£69,0001
1996£53,500 £551 2

House Type in IP22 1JU area

The most common house types in the IP22 1JU postcode area are Detached (76), Semi-detached (29), and Terraced (5).

Total110
Detached76
Semi-detached29
Terraced5
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright54
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency8
Private rented: Other private rented6
Social rented: Rents from council or Local Authority4
Social rented: Other social rented4
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP22 1JU have 2 people in household (53), and 1 person in household (20).

2 people in household53
1 person in household20
3 people in household16
4 people in household13
5 people in household4
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0