Housing Market Analysis for BATES LANE, IP22 2FB

Are you looking to understand IP22 2FB 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 2FB area, explore the IP22 2FB Area information page.
For comprehensive crime statistics in the IP22 2FB area, explore the IP22 2FB Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £312,500 median price is £330,000 Standard Deviation is £123,036 with Total Sold: 7
    • The most recent sale happened at this postcode is POND FARM BATES LANE: £535,000 (Sold on 19 Dec 2017)
    • The first recorded sale happened at this postcode is POND FARM BATES LANE: £165,000 (Sold on 21 May 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 2FB 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
2017£535,0001
2016£343,000 £3,854 1
2014£400,0001
2005£330,000 £982 1
2003£164,500 £1,848 1
2001£250,0001
1999£165,0001

All the Sales in the BATES LANE, IP22 2FB

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

AddressSold DatePrice% Change
POND FARM BATES LANEDetached, Freehold19 Dec 2017£535,00033.75%
10 Jun 2014£400,00060.00%
01 Jun 2001£250,00051.52%
21 May 1999£165,000First Sale
CHESTNUT COTTAGE BATES LANEDetached, FreeholdArea: 89 Sq.mtrAge: before 190015 Nov 2016£343,000108.51%
11 Nov 2003£164,500First Sale
WALNUT TREE COTTAGE BATES LANEDetached, FreeholdArea: 336 Sq.mtrAge: before 190006 Jul 2005£330,000First Sale

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

BATES LANE, IP22 2FB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £336,146 median price is £310,750 Standard Deviation is £144,553 with Total Sold: 12
    • The Last 5 Year average price is £552,500 with Total Sold: 2
    • 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 , POND FARM BATES LANE: £165,000 (Sold on 21 May 1999)
  • Other
    • The average price is around £705,000 median price is £705,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £705,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE COTTAGE THE COMMON: £705,000 (Sold on 23 Jun 2021)
    • The first recorded sale happened at this postcode is , THE COTTAGE THE COMMON: £705,000 (Sold on 23 Jun 2021)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£552,500 £3,831 2
2017£535,0001
2016£343,000 £3,854 1
2014£345,000 £2,339 2
2005£330,000 £982 1
2003£164,500 £1,848 1
2001£270,7502
1999£162,3752
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£705,0001

House Type in IP22 2FB area

The most common house types in the IP22 2FB 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 2FB 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