Housing Market Analysis for BACK LANE, IP22 5TT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £77,000 median price is £77,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is BELL COTTAGE BACK LANE: £77,000 (Sold on 09 Jul 1997)
    • The first recorded sale happened at this postcode is BELL COTTAGE BACK LANE: £77,000 (Sold on 09 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP22 5TT 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
1997£77,000 £846 1

All the Sales in the BACK LANE, IP22 5TT

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

AddressSold DatePrice% Change
BELL COTTAGE BACK LANEDetached, FreeholdArea: 91 Sq.mtrAge: before 190009 Jul 1997£77,000First Sale

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

BACK LANE, IP22 5TT Near By properties

Interactive Map

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

  • Detached
    • The average price is around £300,145 median price is £317,500 Standard Deviation is £155,703 with Total Sold: 38
    • The Last 5 Year average price is £436,500 with Total Sold: 11
    • The most recent sale happened at this postcode is , DUNROAMIN DISS ROAD: £388,000 (Sold on 01 Aug 2023)
    • The first recorded sale happened at this postcode is , HILLTOP COTTAGE BACK LANE: £22,000 (Sold on 16 Oct 1995)
  • Other
    • The average price is around £422,833 median price is £435,000 Standard Deviation is £28,479 with Total Sold: 3
    • The Last 5 Year average price is £422,833 with Total Sold: 3
    • The most recent sale happened at this postcode is , CROWN INN MILL ROAD: £383,500 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is , MARKET FARM BARN MARKET LANE: £435,000 (Sold on 07 May 2019)
  • Semi-Detached
    • The average price is around £145,333 median price is £139,000 Standard Deviation is £17,327 with Total Sold: 3
    • The Last 5 Year average price is £169,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 5 MILL ROAD: £169,000 (Sold on 16 Jun 2020)
    • The first recorded sale happened at this postcode is , 7 MILL ROAD: £139,000 (Sold on 08 Jan 2010)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£416,500 £3,860 2
2022£495,000 £3,194 1
2021£487,500 £3,384 2
2020£370,000 £3,451 3
2019£462,833 £2,849 3
2018£365,000 £1,534 1
2017£341,667 £2,793 3
2014£337,750 £2,222 2
2013£445,000 £2,392 1
2012£278,000 £3,794 1
2010£220,000 £2,214 2
2007£318,333 £1,402 3
2006£296,000 £2,190 4
2005£350,000 £2,174 1
2001£134,500 £1,223 1
2000£115,000 £1,106 1
1999£67,500 £354 2
1997£120,000 £1,012 4
1995£22,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£383,5001
2021£450,000 £3,629 1
2019£435,000 £1,828 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£169,000 £2,156 1
2010£133,500 £1,937 2

House Type in IP22 5TT area

The most common house types in the IP22 5TT postcode area are Detached (94), Semi-detached (11), and Terraced (3).

Total109
Detached94
Semi-detached11
Terraced3
Shared house1
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 (72), and Owned: Owns with a mortgage or loan (23).

Owned: Owns outright72
Owned: Owns with a mortgage or loan23
Private rented: Private landlord or letting agency6
Private rented: Other private rented5
Social rented: Other social rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP22 5TT have 2 people in household (55), and 1 person in household (20).

2 people in household55
1 person in household20
3 people in household19
4 people in household13
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0