Housing Market Analysis for UNION LANE, IP22 1SW

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

Overview of Sold House prices

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

  • 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)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 1SW 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
2022£435,0001

All the Sales in the UNION LANE, IP22 1SW

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

AddressSold DatePrice% Change
THE CHALET UNION LANEOther, Freehold06 Jun 2022£435,000First Sale

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

UNION LANE, IP22 1SW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £222,290 median price is £180,000 Standard Deviation is £62,852 with Total Sold: 5
    • 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 £750,000 median price is £750,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £750,000 with Total Sold: 1
    • 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 , MILLWAY FARM BARN MILLWAY LANE: £750,000 (Sold on 26 May 2023)
  • 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£342,000 £3,320 1
2006£229,500 £2,228 1
2003£180,000 £648 2
2002£179,9501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£750,000 £2,301 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£435,0001

House Type in IP22 1SW area

The most common house types in the IP22 1SW postcode area are Detached (111), Semi-detached (26), and Terraced (7).

Total144
Detached111
Semi-detached26
Terraced7
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 (83), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright83
Owned: Owns with a mortgage or loan46
Private rented: Other private rented6
Private rented: Private landlord or letting agency4
Social rented: Other social rented2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP22 1SW have 2 people in household (64), and 1 person in household (34).

2 people in household64
1 person in household34
3 people in household18
4 people in household17
5 people in household10
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0