Housing Market Analysis for MILL LANE, IP22 2RG

Are you looking to understand IP22 2RG 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 West Suffolk postcode.

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £398,333 median price is £405,000 Standard Deviation is £159,287 with Total Sold: 3
    • The Last 5 Year average price is £590,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MILLARS COTTAGE MILL LANE: £590,000 (Sold on 21 Nov 2019)
    • The first recorded sale happened at this postcode is MILLARS COTTAGE MILL LANE: £200,000 (Sold on 16 Nov 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 2RG 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
2019£590,000 £3,758 1
2015£405,000 £2,580 1
2012£200,000 £1,274 1

All the Sales in the MILL LANE, IP22 2RG

See the table below for more details on the sold house prices in the IP22 2RG, West Suffolk postcode.

AddressSold DatePrice% Change
MILLARS COTTAGE MILL LANEDetached, FreeholdArea: 157 Sq.mtrAge: before 190021 Nov 2019£590,00045.68%
10 Aug 2015£405,000102.50%
16 Nov 2012£200,000First Sale

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

MILL LANE, IP22 2RG Near By properties

Interactive Map

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

  • Detached
    • The average price is around £261,138 median price is £240,000 Standard Deviation is £126,939 with Total Sold: 29
    • The Last 5 Year average price is £383,333 with Total Sold: 6
    • The most recent sale happened at this postcode is , TOLLGATE COTTAGE COMMON ROAD: £425,000 (Sold on 03 Sep 2021)
    • The first recorded sale happened at this postcode is , LOWER HOUSE COMMON ROAD: £60,000 (Sold on 19 Sep 1996)
  • Terraced
    • The average price is around £695,000 median price is £695,000 Standard Deviation is £35,000 with Total Sold: 2
    • The Last 5 Year average price is £730,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , HOPTON HOUSE COMMON ROAD: £730,000 (Sold on 03 Feb 2021)
    • The first recorded sale happened at this postcode is , HOPTON HOUSE COMMON ROAD: £660,000 (Sold on 18 Aug 2016)
  • Other
    • The average price is around £275,000 median price is £275,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , APRIL LODGE COMMON ROAD: £275,000 (Sold on 17 Jul 2020)
    • The first recorded sale happened at this postcode is , APRIL LODGE COMMON ROAD: £275,000 (Sold on 17 Jul 2020)
  • Semi-Detached
    • The average price is around £197,000 median price is £187,000 Standard Deviation is £97,636 with Total Sold: 7
    • The most recent sale happened at this postcode is , PENDLE NOOK COMMON ROAD: £270,000 (Sold on 16 Dec 2016)
    • The first recorded sale happened at this postcode is , ROSEMARY COTTAGE COMMON ROAD: £32,000 (Sold on 10 Nov 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£425,000 £2,471 1
2020£252,500 £2,211 2
2019£456,667 £2,921 3
2018£305,000 £1,842 2
2017£323,500 £3,415 3
2015£322,500 £2,566 2
2014£290,000 £1,686 1
2012£255,500 £1,803 2
2008£207,500 £3,843 1
2006£192,500 £1,444 2
2005£485,000 £3,392 1
2004£213,0001
2003£177,500 £1,968 2
2002£145,000 £1,543 1
2001£98,0001
1998£75,750 £470 2
1997£146,5001
1996£60,000 £476 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£730,000 £2,101 1
2016£660,000 £1,900 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£275,000 £2,926 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£270,000 £3,068 1
2007£250,000 £2,874 1
2004£110,0001
2000£350,000 £1,008 1
1998£187,000 £538 1
1997£180,000 £518 1
1995£32,000 £271 1

House Type in IP22 2RG area

The most common house types in the IP22 2RG postcode area are Detached (166), Semi-detached (59), and Terraced (8).

Total241
Detached166
Semi-detached59
Terraced8
Shared house4
converted building2
commercial building2
Flat0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (140), and Owned: Owns with a mortgage or loan (59).

Owned: Owns outright140
Owned: Owns with a mortgage or loan59
Private rented: Private landlord or letting agency26
Private rented: Other private rented6
Social rented: Rents from council or Local Authority3
Social rented: Other social rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP22 2RG have 2 people in household (90), and 1 person in household (83).

2 people in household90
1 person in household83
3 people in household28
4 people in household19
5 people in household10
6 people in household5
7 people in household1
0 people in household0
8 or more people in household0