Housing Market Analysis for CHAPEL LANE, IP23 7EU

Are you looking to understand IP23 7EU 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 Mid Suffolk postcode.

For the location information and nearby amenities in the IP23 7EU area, explore the IP23 7EU Area information page.
For comprehensive crime statistics in the IP23 7EU area, explore the IP23 7EU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP23 7EU postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £192,278 median price is £195,000 Standard Deviation is £67,419 with Total Sold: 9
    • The Last 5 Year average price is £234,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 3 CHAPEL LANE: £290,000 (Sold on 08 Dec 2022)
    • The first recorded sale happened at this postcode is 2 CHAPEL LANE: £76,000 (Sold on 04 Dec 1998)
  • Detached
    • The average price is around £248,333 median price is £260,000 Standard Deviation is £71,918 with Total Sold: 3
    • The Last 5 Year average price is £330,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 CHAPEL LANE: £330,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is 1 CHAPEL LANE: £155,000 (Sold on 06 Sep 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 7EU 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£290,000 £4,754 1
2021£285,0001
2020£236,000 £3,869 1
2019£125,000 £2,049 1
2010£186,750 £2,705 2
2006£195,000 £2,321 1
2003£150,000 £1,786 1
1998£76,000 £905 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£330,000 £3,976 1
2017£260,000 £1,444 1
2006£155,000 £1,867 1

All the Sales in the CHAPEL LANE, IP23 7EU

See the table below for more details on the sold house prices in the IP23 7EU, Mid Suffolk postcode.

AddressSold DatePrice% Change
3 CHAPEL LANESemi-Detached, FreeholdArea: 61 Sq.mtrAge: before 190008 Dec 2022£290,00022.88%
04 Dec 2020£236,00088.80%
09 May 2019£125,000-24.24%
21 Jul 2010£165,000First Sale
1 CHAPEL LANEDetached, FreeholdArea: 83 Sq.mtrAge: before 190030 Sep 2022£330,000112.90%
06 Sep 2006£155,000First Sale
ORCHARD COTTAGE, 2 CHAPEL LANESemi-Detached, Freehold30 Mar 2021£285,00036.69%
06 Aug 2010£208,500First Sale
4 CHAPEL LANEDetached, FreeholdArea: 180 Sq.mtrAge: before 190022 May 2017£260,000First Sale
2 CHAPEL LANESemi-Detached, FreeholdArea: 84 Sq.mtrAge: before 190028 Jul 2006£195,00030.00%
11 Dec 2003£150,00097.37%
04 Dec 1998£76,000First Sale

Check out the sold house prices near the IP23 7EU postcode. Properties currently for saleProperties currently for rent

CHAPEL LANE, IP23 7EU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP23 7EU 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 IP23 7EU postcode.

  • Semi-Detached
    • The average price is around £192,278 median price is £195,000 Standard Deviation is £67,419 with Total Sold: 9
    • The Last 5 Year average price is £234,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 3 CHAPEL LANE: £290,000 (Sold on 08 Dec 2022)
    • The first recorded sale happened at this postcode is , 2 CHAPEL LANE: £76,000 (Sold on 04 Dec 1998)
  • Detached
    • The average price is around £246,611 median price is £215,000 Standard Deviation is £119,479 with Total Sold: 9
    • The Last 5 Year average price is £330,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 CHAPEL LANE: £330,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is , MILL HOUSE MILL LANE: £93,000 (Sold on 17 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£290,000 £4,754 1
2021£285,0001
2020£236,000 £3,869 1
2019£125,000 £2,049 1
2010£186,750 £2,705 2
2006£195,000 £2,321 1
2003£150,000 £1,786 1
1998£76,000 £905 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£330,000 £3,976 1
2017£377,500 £2,250 2
2015£202,500 £2,978 1
2014£215,000 £2,945 1
2006£139,500 £1,783 2
2004£345,000 £2,130 1
1995£93,000 £641 1

House Type in IP23 7EU area

The most common house types in the IP23 7EU postcode area are Detached (67), Semi-detached (40), and Terraced (4).

Total112
Detached67
Semi-detached40
Terraced4
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 (45), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright45
Owned: Owns with a mortgage or loan44
Social rented: Rents from council or Local Authority13
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP23 7EU have 2 people in household (47), and 3 people in household (24).

2 people in household47
3 people in household24
1 person in household16
4 people in household11
5 people in household10
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0