Housing Market Analysis for MILL LANE, IP22 2RH

Are you looking to understand IP22 2RH 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 Breckland postcode.

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £270,000 median price is £270,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 55 MILL LANE: £270,000 (Sold on 06 May 2005)
    • The first recorded sale happened at this postcode is 55 MILL LANE: £270,000 (Sold on 06 May 2005)
  • Semi-Detached
    • The average price is around £80,000 median price is £80,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 56 MILL LANE: £80,000 (Sold on 01 May 1998)
    • The first recorded sale happened at this postcode is 56 MILL LANE: £80,000 (Sold on 01 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 2RH 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
2005£270,000 £1,824 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£80,0001

All the Sales in the MILL LANE, IP22 2RH

See the table below for more details on the sold house prices in the IP22 2RH, Breckland postcode.

AddressSold DatePrice% Change
55 MILL LANEDetached, FreeholdArea: 148 Sq.mtrAge: before 190006 May 2005£270,000First Sale
56 MILL LANESemi-Detached, Freehold01 May 1998£80,000First Sale

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

MILL LANE, IP22 2RH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £305,305 median price is £270,000 Standard Deviation is £153,843 with Total Sold: 33
    • The Last 5 Year average price is £425,167 with Total Sold: 6
    • The most recent sale happened at this postcode is , OAKDENE HOPTON ROAD: £560,000 (Sold on 04 Jun 2024)
    • The first recorded sale happened at this postcode is , THE CHESTNUTS SMALLWORTH COMMON: £166,000 (Sold on 12 Jul 1995)
  • Semi-Detached
    • The average price is around £185,000 median price is £170,000 Standard Deviation is £92,466 with Total Sold: 3
    • The Last 5 Year average price is £305,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 45 SMALLWORTH COMMON: £305,000 (Sold on 06 Jun 2022)
    • The first recorded sale happened at this postcode is , 56 MILL LANE: £80,000 (Sold on 01 May 1998)
  • Terraced
    • The average price is around £255,500 median price is £255,500 Standard Deviation is £134,500 with Total Sold: 2
    • The Last 5 Year average price is £390,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MARLBOROUGH COTTAGE SMALLWORTH COMMON: £390,000 (Sold on 24 May 2019)
    • The first recorded sale happened at this postcode is , MARLBOROUGH COTTAGE SMALLWORTH COMMON: £121,000 (Sold on 26 May 2006)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£560,0001
2021£278,000 £3,438 2
2020£525,000 £2,188 1
2019£455,000 £3,347 2
2017£458,6252
2016£451,5001
2015£302,500 £3,539 2
2014£642,500 £2,920 1
2013£604,000 £2,745 1
2011£265,000 £1,601 1
2007£233,6502
2006£245,000 £1,899 1
2005£270,000 £1,824 1
2004£325,000 £1,949 3
2003£187,000 £2,093 4
2002£138,750 £1,676 2
2001£127,5001
2000£297,500 £1,352 1
1999£240,000 £546 1
1997£96,500 £675 1
1996£128,500 £484 1
1995£166,000 £755 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£305,000 £2,421 1
2009£170,0001
1998£80,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£390,000 £2,727 1
2006£121,000 £846 1

House Type in IP22 2RH area

The most common house types in the IP22 2RH postcode area are Detached (97), Semi-detached (70), and Terraced (13).

Total185
Detached97
Semi-detached70
Terraced13
temporary structure4
Flat1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright86
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency41
Private rented: Other private rented6
Social rented: Other social rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP22 2RH have 2 people in household (76), and 1 person in household (40).

2 people in household76
1 person in household40
3 people in household31
4 people in household20
5 people in household11
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0