Housing Market Analysis for THE CLOSE, IP22 5RE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £196,000 median price is £192,500 Standard Deviation is £72,478 with Total Sold: 20
    • The Last 5 Year average price is £295,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 15 THE CLOSE: £290,000 (Sold on 17 Aug 2023)
    • The first recorded sale happened at this postcode is 1 THE CLOSE: £90,000 (Sold on 21 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 5RE 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
2023£290,000 £1,835 2
2019£305,000 £3,315 1
2018£282,500 £2,491 2
2015£224,000 £2,575 1
2011£195,000 £1,882 1
2009£190,000 £1,998 1
2007£260,0001
2005£205,000 £1,979 1
2004£179,667 £1,680 3
2003£175,000 £1,966 1
2002£144,000 £2,135 1
2001£132,5002
2000£123,000 £1,230 1
1995£74,998 £738 2

All the Sales in the THE CLOSE, IP22 5RE

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

AddressSold DatePrice% Change
15 THE CLOSEDetached, FreeholdArea: 158 Sq.mtrAge: 1967-197517 Aug 2023£290,0000.0
17 Aug 2023£290,000First Sale
10 THE CLOSEDetached, FreeholdArea: 92 Sq.mtrAge: 1930-194927 Sep 2019£305,000First Sale
11 THE CLOSEDetached, FreeholdArea: 104.16 Sq.mtrAge: 1967-197520 Jul 2018£250,000First Sale
1 THE CLOSEDetached, FreeholdArea: 122 Sq.mtrAge: 1950-196628 Mar 2018£315,000250.00%
21 Jul 1995£90,000First Sale
23 THE CLOSEDetached, FreeholdArea: 87 Sq.mtrAge: 1950-196622 Sep 2015£224,000First Sale
2 THE CLOSEDetached, FreeholdArea: 103.6 Sq.mtrAge: 1967-197528 Sep 2011£195,000-4.88%
12 Dec 2005£205,00017.82%
20 Sep 2004£174,000First Sale
26 THE CLOSEDetached, FreeholdArea: 95.09 Sq.mtrAge: 1950-196627 Oct 2009£190,000First Sale
21 THE CLOSEDetached, Freehold30 Mar 2007£260,00092.59%
24 Jun 2004£135,000125.02%
11 Oct 1995£59,995First Sale
8 THE CLOSEDetached, Freehold29 Apr 2004£230,000124.39%
04 May 2001£102,500First Sale
17 THE CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 1950-196630 Apr 2003£175,000First Sale
5 THE CLOSEDetached, FreeholdArea: 67.45 Sq.mtrAge: 1950-196606 Sep 2002£144,000First Sale
12 THE CLOSEDetached, Freehold16 Aug 2001£162,500First Sale
9 THE CLOSEDetached, FreeholdArea: 100 Sq.mtrAge: 1967-197520 Apr 2000£123,000First Sale

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

THE CLOSE, IP22 5RE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £134,334 median price is £138,000 Standard Deviation is £70,970 with Total Sold: 230
    • The Last 5 Year average price is £230,524 with Total Sold: 40
    • The most recent sale happened at this postcode is , 5 HOSE AVENUE: £250,000 (Sold on 23 Aug 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 £163,556 median price is £160,000 Standard Deviation is £84,832 with Total Sold: 330
    • The Last 5 Year average price is £296,737 with Total Sold: 39
    • The most recent sale happened at this postcode is , THE RECTORY HIGH ROAD: £500,000 (Sold on 21 May 2024)
    • The first recorded sale happened at this postcode is , 28 HOSE AVENUE: £55,500 (Sold on 24 Mar 1995)
  • Terraced
    • The average price is around £99,020 median price is £88,750 Standard Deviation is £58,410 with Total Sold: 80
    • The Last 5 Year average price is £180,333 with Total Sold: 12
    • The most recent sale happened at this postcode is , 16 CRICKS WALK: £146,000 (Sold on 12 Sep 2023)
    • The first recorded sale happened at this postcode is , 8 HOSE AVENUE: £44,000 (Sold on 14 Sep 1995)
  • Other
    • The average price is around £319,053 median price is £349,060 Standard Deviation is £123,535 with Total Sold: 3
    • The Last 5 Year average price is £319,053 with Total Sold: 3
    • The most recent sale happened at this postcode is , 3 ROYDON FEN: £155,000 (Sold on 06 Oct 2022)
    • The first recorded sale happened at this postcode is , 17 - 18 ROYDON FEN: £349,060 (Sold on 20 Jun 2019)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,500 £2,602 2
2023£274,000 £3,280 5
2022£269,083 £3,902 6
2021£229,700 £2,794 10
2020£194,100 £3,101 10
2019£213,354 £3,050 7
2018£217,750 £2,437 2
2017£201,000 £2,685 4
2016£177,429 £2,441 7
2015£168,500 £1,926 3
2014£180,056 £2,044 10
2013£136,900 £1,789 5
2012£134,800 £1,745 5
2011£145,790 £2,251 5
2010£206,600 £2,181 5
2009£128,583 £1,983 3
2008£150,875 £2,253 4
2007£149,875 £2,046 8
2006£153,300 £1,903 15
2005£138,423 £1,860 13
2004£147,250 £1,986 8
2003£126,818 £1,833 11
2002£88,785 £1,367 7
2001£81,688 £1,180 12
2000£61,124 £825 8
1999£49,912 £783 17
1998£55,994 £741 18
1997£47,850 £590 5
1996£52,517 £616 9
1995£41,417 £565 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£500,0001
2023£292,000 £3,114 5
2022£335,075 £3,746 10
2021£271,958 £3,441 12
2020£284,167 £2,729 6
2019£258,700 £3,322 5
2018£255,833 £3,438 6
2017£295,429 £2,862 7
2016£270,750 £2,583 4
2015£197,107 £2,669 14
2014£170,286 £2,107 7
2013£175,641 £1,985 17
2012£177,100 £2,041 10
2011£202,000 £1,965 2
2010£201,333 £2,184 9
2009£158,545 £1,825 11
2008£183,312 £2,027 8
2007£206,782 £2,030 14
2006£176,056 £1,991 18
2005£185,750 £1,885 12
2004£182,941 £2,127 18
2003£146,950 £1,729 16
2002£137,195 £1,707 10
2001£105,516 £1,090 16
2000£115,313 £1,007 11
1999£74,462 £941 16
1998£74,206 £822 25
1997£55,374 £688 17
1996£54,075 £546 12
1995£61,586 £688 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£208,000 £3,160 2
2022£227,500 £3,116 1
2021£190,000 £3,536 3
2020£136,833 £2,816 3
2019£180,000 £3,051 3
2018£204,000 £2,607 2
2017£142,000 £2,679 1
2016£140,000 £2,558 2
2015£134,000 £2,382 2
2014£120,000 £2,500 1
2012£129,167 £2,097 3
2011£155,725 £2,751 2
2009£110,000 £1,868 1
2008£138,750 £2,086 4
2006£119,833 £2,468 3
2005£121,000 £1,757 2
2004£118,5001
2003£88,000 £1,655 4
2002£82,557 £1,375 7
2001£64,600 £1,122 5
2000£46,833 £943 3
1999£50,550 £745 5
1998£38,437 £639 8
1997£40,483 £744 9
1996£60,000 £638 1
1995£38,842 £561 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£155,000 £2,453 1
2021£453,1001
2019£349,0601

House Type in IP22 5RE area

The most common house types in the IP22 5RE postcode area are Detached (59), Semi-detached (52), and Terraced (13).

Total126
Detached59
Semi-detached52
Terraced13
Flat1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright79
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency7
Social rented: Other social rented2
Private rented: Other private rented2
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 5RE have 2 people in household (55), and 1 person in household (27).

2 people in household55
1 person in household27
4 people in household20
3 people in household19
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0