Housing Market Analysis for FACTORY LANE, IP22 5QW

Are you looking to understand IP22 5QW 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 5QW area, explore the IP22 5QW Area information page.
For comprehensive crime statistics in the IP22 5QW area, explore the IP22 5QW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP22 5QW postcode area, The average prices are as follows,

  • Detached
    • The average price is around £265,000 median price is £230,000 Standard Deviation is £143,239 with Total Sold: 5
    • The Last 5 Year average price is £540,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 108 FACTORY LANE: £540,000 (Sold on 03 Jul 2020)
    • The first recorded sale happened at this postcode is 110 FACTORY LANE: £162,500 (Sold on 15 Sep 2003)
  • Semi-Detached
    • The average price is around £159,500 median price is £159,500 Standard Deviation is £18,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 92 FACTORY LANE: £177,500 (Sold on 17 Aug 2018)
    • The first recorded sale happened at this postcode is 102 FACTORY LANE: £141,500 (Sold on 27 Mar 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 5QW 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
2020£540,000 £3,553 1
2016£142,500 £1,900 1
2014£230,000 £1,513 1
2011£250,000 £2,089 1
2003£162,500 £1,358 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£177,500 £2,276 1
2006£141,5001

All the Sales in the FACTORY LANE, IP22 5QW

See the table below for more details on the sold house prices in the IP22 5QW, South Norfolk postcode.

AddressSold DatePrice% Change
108 FACTORY LANEDetached, FreeholdArea: 152 Sq.mtrAge: 1950-196603 Jul 2020£540,000134.78%
16 Dec 2014£230,000First Sale
92 FACTORY LANESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1930-194917 Aug 2018£177,500First Sale
104 FACTORY LANEDetached, FreeholdArea: 75 Sq.mtrAge: 1950-196610 Nov 2016£142,500First Sale
110 FACTORY LANEDetached, FreeholdArea: 119.7 Sq.mtrAge: 1950-196617 Nov 2011£250,00053.85%
15 Sep 2003£162,500First Sale
102 FACTORY LANESemi-Detached, Freehold27 Mar 2006£141,500First Sale

Check out the sold house prices near the IP22 5QW postcode. Properties currently for saleProperties currently for rent

FACTORY LANE, IP22 5QW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP22 5QW 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 5QW postcode.

  • Semi-Detached
    • The average price is around £119,865 median price is £120,500 Standard Deviation is £66,707 with Total Sold: 407
    • The Last 5 Year average price is £220,130 with Total Sold: 46
    • The most recent sale happened at this postcode is , 73 LONG MEADOW DRIVE: £203,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 MANOR ROAD: £51,500 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £194,717 median price is £189,500 Standard Deviation is £101,265 with Total Sold: 488
    • The Last 5 Year average price is £336,413 with Total Sold: 73
    • The most recent sale happened at this postcode is , 14 PEARMAIN ROAD: £277,500 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 65 ROYDON ROAD: £88,000 (Sold on 02 Feb 1995)
  • Terraced
    • The average price is around £97,181 median price is £95,000 Standard Deviation is £56,461 with Total Sold: 281
    • The Last 5 Year average price is £186,276 with Total Sold: 36
    • The most recent sale happened at this postcode is , 22 BASHAM STREET: £187,500 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , 15 ALDRICH WAY: £41,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £429,000 median price is £375,000 Standard Deviation is £119,744 with Total Sold: 3
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE GABLES OLD HIGH ROAD: £375,000 (Sold on 21 Feb 2024)
    • The first recorded sale happened at this postcode is , MIDDLE MANOR BARN OLD HIGH ROAD: £595,000 (Sold on 01 Dec 2017)
  • Flat
    • The average price is around £129,000 median price is £129,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 47 LONG MEADOW DRIVE: £129,000 (Sold on 05 Apr 2018)
    • The first recorded sale happened at this postcode is , 47 LONG MEADOW DRIVE: £129,000 (Sold on 05 Apr 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£196,0004
2023£226,600 £3,958 5
2022£237,682 £4,043 11
2021£226,944 £3,293 9
2020£221,000 £2,982 6
2019£202,364 £3,159 11
2018£209,000 £2,681 6
2017£199,857 £2,902 7
2016£188,000 £2,728 9
2015£153,165 £2,409 23
2014£165,945 £2,366 20
2013£149,333 £2,164 9
2012£145,333 £2,387 3
2011£127,500 £2,003 5
2010£184,500 £2,061 6
2009£118,750 £1,910 3
2008£156,850 £2,209 3
2007£153,185 £2,789 24
2006£133,253 £2,819 15
2005£136,071 £2,079 21
2004£135,719 £1,900 18
2003£124,210 £1,879 14
2002£99,045 £1,488 22
2001£70,467 £1,163 24
2000£60,628 £1,001 25
1999£48,078 £796 21
1998£51,370 £804 10
1997£47,881 £779 32
1996£53,217 £716 20
1995£42,896 £682 21
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£358,000 £2,780 4
2023£357,318 £3,520 11
2022£383,956 £3,572 8
2021£342,250 £3,297 26
2020£320,250 £3,066 12
2019£281,875 £2,917 12
2018£298,303 £2,931 12
2017£284,083 £2,967 18
2016£251,118 £2,875 17
2015£232,196 £2,315 27
2014£215,344 £2,315 18
2013£216,809 £2,094 11
2012£216,346 £1,956 13
2011£183,100 £2,226 10
2010£209,342 £2,114 13
2009£196,871 £1,854 12
2008£199,917 £1,999 6
2007£222,971 £2,300 17
2006£213,877 £2,027 26
2005£204,733 £2,168 15
2004£188,861 £1,955 22
2003£170,075 £1,742 16
2002£139,961 £1,377 14
2001£112,107 £1,135 14
2000£115,912 £1,080 17
1999£82,407 £869 27
1998£89,557 £779 26
1997£75,245 £800 33
1996£66,372 £755 16
1995£76,527 £647 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£194,957 £3,113 4
2023£204,429 £3,200 7
2022£178,900 £4,077 5
2021£214,069 £3,183 9
2020£149,375 £2,564 8
2019£159,667 £2,816 3
2018£146,248 £2,553 9
2017£146,123 £2,183 5
2016£141,250 £2,544 4
2015£136,229 £2,342 17
2014£129,229 £2,139 13
2013£124,627 £1,468 1
2012£113,875 £2,151 4
2011£112,389 £1,463 14
2010£106,998 £2,215 3
2009£102,938 £2,333 4
2008£131,833 £2,137 6
2007£136,500 £2,405 5
2006£117,111 £2,283 9
2005£120,056 £2,150 8
2004£115,050 £2,052 5
2003£93,038 £1,791 13
2002£80,127 £1,550 11
2001£60,550 £1,157 10
2000£50,761 £957 19
1999£40,828 £784 16
1998£39,390 £714 25
1997£41,071 £707 21
1996£40,135 £715 10
1995£37,072 £718 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2018£317,000 £2,963 1
2017£595,000 £2,532 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£129,000 £1,843 1

House Type in IP22 5QW area

The most common house types in the IP22 5QW postcode area are Detached (56), Semi-detached (38), and Terraced (16).

Total112
Detached56
Semi-detached38
Terraced16
Shared house2
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright57
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency16
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP22 5QW have 2 people in household (43), and 1 person in household (38).

2 people in household43
1 person in household38
3 people in household14
4 people in household14
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0