Housing Market Analysis for WOOD LANE, IP22 2BN

Are you looking to understand IP22 2BN 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 South Norfolk postcode.

For the location information and nearby amenities in the IP22 2BN area, explore the IP22 2BN Area information page.
For comprehensive crime statistics in the IP22 2BN area, explore the IP22 2BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP22 2BN postcode area, The average prices are as follows,

  • Detached
    • The average price is around £252,750 median price is £252,750 Standard Deviation is £12,750 with Total Sold: 2
    • The Last 5 Year average price is £240,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HOLLY COTTAGE WOOD LANE: £240,000 (Sold on 01 Jun 2021)
    • The first recorded sale happened at this postcode is AVONDALE WOOD LANE: £265,500 (Sold on 14 Sep 2005)
  • Other
    • The average price is around £5,000 median price is £5,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £5,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WOOD LANE FARM WOOD LANE: £5,000 (Sold on 30 Mar 2021)
    • The first recorded sale happened at this postcode is WOOD LANE FARM WOOD LANE: £5,000 (Sold on 30 Mar 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 2BN 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
2021£240,000 £2,222 1
2005£265,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£5,0001

All the Sales in the WOOD LANE, IP22 2BN

See the table below for more details on the sold house prices in the IP22 2BN, South Norfolk postcode.

AddressSold DatePrice% Change
HOLLY COTTAGE WOOD LANEDetached, FreeholdArea: 108 Sq.mtrAge: before 190001 Jun 2021£240,000First Sale
WOOD LANE FARM WOOD LANEOther, Freehold30 Mar 2021£5,000First Sale
AVONDALE WOOD LANEDetached, Freehold14 Sep 2005£265,500First Sale

Check out the sold house prices near the IP22 2BN postcode. Properties currently for saleProperties currently for rent

WOOD LANE, IP22 2BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP22 2BN 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 2BN postcode.

  • Detached
    • The average price is around £380,100 median price is £290,000 Standard Deviation is £149,890 with Total Sold: 5
    • The Last 5 Year average price is £448,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , THE WILLOWS AIRFIELD ROAD: £630,000 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is , AVONDALE WOOD LANE: £265,500 (Sold on 14 Sep 2005)
  • Other
    • The average price is around £55,000 median price is £55,000 Standard Deviation is £50,000 with Total Sold: 2
    • The Last 5 Year average price is £5,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , WOOD LANE FARM WOOD LANE: £5,000 (Sold on 30 Mar 2021)
    • The first recorded sale happened at this postcode is , THE OLD CINEMA MISSION WAY: £105,000 (Sold on 10 Jun 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£552,500 £3,831 2
2021£240,000 £2,222 1
2014£290,000 £2,339 1
2005£265,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£5,0001
2016£105,000 £890 1

House Type in IP22 2BN area

The most common house types in the IP22 2BN postcode area are Detached (109), Semi-detached (22), and Terraced (2).

Total136
Detached109
Semi-detached22
Terraced2
Flat1
converted building1
temporary structure1
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright75
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency17
Private rented: Other private rented6
Shared ownership: Shared ownership2
Social rented: Other social rented1
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 2BN have 2 people in household (61), and 1 person in household (30).

2 people in household61
1 person in household30
3 people in household27
4 people in household13
5 people in household2
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0