Housing Market Analysis for PARK LANE, IP23 7JA

Are you looking to understand IP23 7JA 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 7JA area, explore the IP23 7JA Area information page.
For comprehensive crime statistics in the IP23 7JA area, explore the IP23 7JA Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £233,500 median price is £270,500 Standard Deviation is £104,896 with Total Sold: 4
    • The most recent sale happened at this postcode is ALDER CARR LODGE PARK LANE: £325,000 (Sold on 13 Apr 2017)
    • The first recorded sale happened at this postcode is ALDER CARR LODGE PARK LANE: £68,000 (Sold on 03 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 7JA 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
2017£325,000 £5,363 1
2015£323,000 £5,330 1
2009£218,000 £3,597 1
1995£68,000 £1,122 1

All the Sales in the PARK LANE, IP23 7JA

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

AddressSold DatePrice% Change
ALDER CARR LODGE PARK LANEDetached, FreeholdArea: 60.6 Sq.mtrAge: before 190013 Apr 2017£325,0000.62%
08 Jul 2015£323,00048.17%
28 Aug 2009£218,000220.59%
03 Nov 1995£68,000First Sale

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

PARK LANE, IP23 7JA Near By properties

Interactive Map

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

  • Detached
    • The average price is around £269,800 median price is £323,000 Standard Deviation is £118,631 with Total Sold: 5
    • The Last 5 Year average price is £415,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , TOLLGATE COTTAGE CLINT ROAD: £415,000 (Sold on 22 Jun 2020)
    • The first recorded sale happened at this postcode is , ALDER CARR LODGE PARK LANE: £68,000 (Sold on 03 Nov 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£415,000 £3,294 1
2017£325,000 £5,363 1
2015£323,000 £5,330 1
2009£218,000 £3,597 1
1995£68,000 £1,122 1

House Type in IP23 7JA area

The most common house types in the IP23 7JA postcode area are Detached (114), Semi-detached (36), and Terraced (9).

Total159
Detached114
Semi-detached36
Terraced9
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (88), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright88
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency8
Social rented: Other social rented5
Private rented: Other private rented4
Shared ownership: Shared ownership3
Social rented: Rents from council or Local Authority3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IP23 7JA have 2 people in household (59), and 1 person in household (40).

2 people in household59
1 person in household40
4 people in household28
3 people in household22
5 people in household4
6 people in household3
7 people in household2
8 or more people in household1
0 people in household0