Housing Market Analysis for CANDLE LANE, IP22 1LN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £162,400 median price is £195,000 Standard Deviation is £85,727 with Total Sold: 5
    • The most recent sale happened at this postcode is KILN COTTAGE CANDLE LANE: £280,000 (Sold on 16 Oct 2014)
    • The first recorded sale happened at this postcode is KILN COTTAGE CANDLE LANE: £67,000 (Sold on 20 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 1LN 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
2014£280,0001
2001£195,0001
1999£210,0001
1996£60,0001
1995£67,0001

All the Sales in the CANDLE LANE, IP22 1LN

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

AddressSold DatePrice% Change
KILN COTTAGE CANDLE LANEDetached, Freehold16 Oct 2014£280,000366.67%
26 Jul 1996£60,000-10.45%
20 Nov 1995£67,000First Sale
FINCHES CANDLE LANEDetached, Freehold24 Oct 2001£195,000First Sale
NORTH BARN CANDLE LANEDetached, Freehold14 May 1999£210,000First Sale

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

CANDLE LANE, IP22 1LN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £345,162 median price is £307,000 Standard Deviation is £225,775 with Total Sold: 77
    • The Last 5 Year average price is £645,861 with Total Sold: 18
    • The most recent sale happened at this postcode is , BARN COTTAGE WATER LANE: £427,500 (Sold on 12 Oct 2023)
    • The first recorded sale happened at this postcode is , HANBY RECTORY HILL: £24,000 (Sold on 09 Feb 1995)
  • Other
    • The average price is around £387,800 median price is £363,399 Standard Deviation is £83,453 with Total Sold: 3
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE COTTAGE WATER LANE: £500,000 (Sold on 03 May 2022)
    • The first recorded sale happened at this postcode is , 4 HILLSIDE MEADOW: £363,399 (Sold on 28 Jun 2018)
  • Semi-Detached
    • The average price is around £239,347 median price is £185,000 Standard Deviation is £164,247 with Total Sold: 9
    • The Last 5 Year average price is £226,650 with Total Sold: 3
    • The most recent sale happened at this postcode is , WATERWELL COTTAGE CANDLE STREET: £345,000 (Sold on 21 Jun 2021)
    • The first recorded sale happened at this postcode is , 10 RECTORY HILL: £35,670 (Sold on 02 Jul 2001)
  • Terraced
    • The average price is around £149,833 median price is £94,500 Standard Deviation is £88,704 with Total Sold: 3
    • The most recent sale happened at this postcode is , 12 RECTORY HILL: £80,000 (Sold on 14 Nov 2011)
    • The first recorded sale happened at this postcode is , ROSE COTTAGE WATER LANE: £94,500 (Sold on 12 Dec 2003)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£683,750 £3,462 2
2022£881,667 £8,995 3
2021£593,750 £6,761 4
2020£545,000 £2,895 3
2019£600,498 £2,724 6
2018£285,000 £3,098 1
2017£470,000 £2,304 1
2016£359,500 £2,653 2
2015£397,000 £3,214 5
2014£323,333 £2,123 3
2013£337,5001
2012£311,000 £2,838 1
2011£262,500 £1,900 2
2010£489,9501
2009£142,0001
2008£370,000 £1,814 1
2007£398,333 £1,760 3
2005£270,000 £1,607 1
2004£281,333 £1,054 3
2003£283,3333
2002£290,100 £1,343 5
2001£185,875 £1,049 4
2000£178,000 £1,825 2
1999£173,292 £1,176 6
1998£194,5002
1997£170,000 £708 5
1996£60,000 £228 2
1995£59,938 £528 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£500,000 £4,545 1
2018£331,700 £1,302 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£265,000 £2,284 2
2019£149,950 £1,335 1
2018£220,0001
2015£230,0001
2014£169,250 £2,500 2
2007£650,000 £1,988 1
2001£35,670 £566 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£80,000 £701 1
2007£275,000 £2,037 1
2003£94,500 £1,575 1

House Type in IP22 1LN area

The most common house types in the IP22 1LN postcode area are Detached (80), Semi-detached (23), and temporary structure (4).

Total111
Detached80
Semi-detached23
temporary structure4
Flat2
Terraced1
Shared house1
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (52), and Owned: Owns with a mortgage or loan (25).

Owned: Owns outright52
Owned: Owns with a mortgage or loan25
Private rented: Private landlord or letting agency15
Private rented: Other private rented10
Social rented: Other social rented4
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP22 1LN have 2 people in household (52), and 1 person in household (25).

2 people in household52
1 person in household25
3 people in household16
4 people in household8
5 people in household5
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0