Housing Market Analysis for UNION LANE, IP22 1SP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £250,483 median price is £229,500 Standard Deviation is £67,800 with Total Sold: 3
    • The Last 5 Year average price is £342,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SOUTH COTTAGE UNION LANE: £342,000 (Sold on 31 Jul 2023)
    • The first recorded sale happened at this postcode is JUBILEE HOUSE UNION LANE: £179,950 (Sold on 23 Jul 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 1SP 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£342,000 £3,320 1
2006£229,500 £2,228 1
2002£179,9501

All the Sales in the UNION LANE, IP22 1SP

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

AddressSold DatePrice% Change
SOUTH COTTAGE UNION LANESemi-Detached, FreeholdArea: 103 Sq.mtrAge: before 190031 Jul 2023£342,00049.02%
01 Sep 2006£229,500First Sale
JUBILEE HOUSE UNION LANESemi-Detached, Freehold23 Jul 2002£179,950First Sale

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

UNION LANE, IP22 1SP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £237,383 median price is £229,500 Standard Deviation is £57,187 with Total Sold: 9
    • The Last 5 Year average price is £342,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SOUTH COTTAGE UNION LANE: £342,000 (Sold on 31 Jul 2023)
    • The first recorded sale happened at this postcode is , JUBILEE HOUSE UNION LANE: £179,950 (Sold on 23 Jul 2002)
  • Detached
    • The average price is around £348,000 median price is £331,250 Standard Deviation is £208,484 with Total Sold: 6
    • The Last 5 Year average price is £575,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , MILLWAY FARM BARN MILLWAY LANE: £750,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is , THE HEMPLANDS RECTORY ROAD: £77,500 (Sold on 28 Jul 1995)
  • Other
    • The average price is around £435,000 median price is £435,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £435,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE CHALET UNION LANE: £435,000 (Sold on 06 Jun 2022)
    • The first recorded sale happened at this postcode is , THE CHALET UNION LANE: £435,000 (Sold on 06 Jun 2022)
  • Terraced
    • The average price is around £288,455 median price is £270,000 Standard Deviation is £90,141 with Total Sold: 11
    • The Last 5 Year average price is £545,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 BEECH TREE BARNS: £545,000 (Sold on 13 Apr 2022)
    • The first recorded sale happened at this postcode is , 2 BEECH TREE BARNS: £260,000 (Sold on 29 Sep 2005)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£342,000 £3,320 1
2018£275,000 £1,273 1
2011£295,000 £3,125 1
2008£185,0001
2006£229,500 £2,228 1
2005£270,000 £2,860 1
2003£180,000 £648 2
2002£179,9501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£750,000 £2,301 1
2021£400,0001
2015£320,0001
2014£198,0001
2007£342,5001
1995£77,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£435,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£545,000 £7,715 1
2014£309,500 £2,854 2
2013£218,000 £2,943 2
2009£285,000 £1,970 1
2007£261,0001
2006£264,500 £1,937 2
2005£249,000 £3,681 2

House Type in IP22 1SP area

The most common house types in the IP22 1SP postcode area are Detached (76), Semi-detached (45), and Terraced (19).

Total143
Detached76
Semi-detached45
Terraced19
Flat2
temporary structure1
Shared house0
converted building0
commercial building0

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 (40).

Owned: Owns outright54
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency24
Social rented: Other social rented10
Private rented: Other private rented9
Social rented: Rents from council or Local Authority4
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP22 1SP have 2 people in household (56), and 1 person in household (33).

2 people in household56
1 person in household33
4 people in household26
3 people in household18
5 people in household6
7 people in household3
0 people in household0
6 people in household0
8 or more people in household0