Housing Market Analysis for MILL LANE, IP23 7JP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £344,400 median price is £425,000 Standard Deviation is £155,896 with Total Sold: 5
    • The Last 5 Year average price is £466,000 with Total Sold: 2
    • The most recent sale happened at this postcode is SHEPHERDS HOUSE MILL LANE: £482,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is MILLSTONE COTTAGE MILL LANE: £55,000 (Sold on 22 Jul 1996)
  • Other
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is MILLSTONE COTTAGE MILL LANE: £250,000 (Sold on 08 Dec 2017)
    • The first recorded sale happened at this postcode is MILLSTONE COTTAGE MILL LANE: £250,000 (Sold on 08 Dec 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 7JP 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
2024£482,0001
2023£450,000 £4,737 1
2014£425,0001
2013£310,000 £3,462 1
1996£55,000 £579 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£250,000 £2,632 1

All the Sales in the MILL LANE, IP23 7JP

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

AddressSold DatePrice% Change
SHEPHERDS HOUSE MILL LANEDetached, Freehold30 Jul 2024£482,00055.48%
08 Oct 2013£310,000First Sale
MILLSTONE COTTAGE MILL LANEDetached, FreeholdArea: 95 Sq.mtrAge: 1950-196628 Jul 2023£450,00080.00%
08 Dec 2017£250,000354.55%
22 Jul 1996£55,000First Sale
SILWOOD HOUSE MILL LANEDetached, Freehold23 Sep 2014£425,000First Sale

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

MILL LANE, IP23 7JP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £300,506 median price is £280,000 Standard Deviation is £166,514 with Total Sold: 162
    • The Last 5 Year average price is £500,371 with Total Sold: 31
    • The most recent sale happened at this postcode is , SHEPHERDS HOUSE MILL LANE: £482,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , MODO VOLERE HIGH STREET: £120,000 (Sold on 12 Apr 1995)
  • Semi-Detached
    • The average price is around £205,584 median price is £179,995 Standard Deviation is £126,066 with Total Sold: 41
    • The Last 5 Year average price is £343,286 with Total Sold: 7
    • The most recent sale happened at this postcode is , PENNY BLACK COTTAGE THE STREET: £295,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 2 POND FARM: £72,500 (Sold on 06 Dec 1995)
  • Terraced
    • The average price is around £160,641 median price is £140,000 Standard Deviation is £78,264 with Total Sold: 18
    • The Last 5 Year average price is £250,375 with Total Sold: 4
    • The most recent sale happened at this postcode is 3, MILL COTTAGES THE STREET: £270,000 (Sold on 11 May 2023)
    • The first recorded sale happened at this postcode is , 14 FEN VIEW: £67,000 (Sold on 05 Jan 2001)
  • Other
    • The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , MILLSTONE COTTAGE MILL LANE: £250,000 (Sold on 08 Dec 2017)
    • The first recorded sale happened at this postcode is , MILLSTONE COTTAGE MILL LANE: £250,000 (Sold on 08 Dec 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£474,2504
2023£593,000 £5,016 5
2022£458,125 £3,516 4
2021£567,000 £3,025 10
2020£410,000 £2,865 6
2019£343,500 £3,137 2
2018£395,000 £2,912 4
2017£409,286 £2,413 7
2016£375,417 £2,618 6
2015£343,667 £2,238 6
2014£348,562 £2,078 8
2013£319,000 £3,109 2
2012£258,083 £2,339 6
2011£187,250 £1,902 2
2010£424,500 £2,608 5
2009£301,100 £2,093 5
2008£445,000 £1,831 1
2007£299,750 £2,681 4
2006£267,125 £1,871 8
2005£243,943 £1,868 7
2004£276,666 £2,057 9
2003£214,5002
2002£208,667 £1,388 6
2001£171,545 £1,299 10
2000£121,5756
1999£188,583 £967 6
1998£115,000 £1,234 6
1997£101,625 £613 4
1996£105,300 £793 5
1995£95,750 £759 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£295,000 £3,986 1
2022£345,000 £2,363 1
2021£385,750 £2,798 4
2019£220,000 £2,292 1
2018£470,000 £3,287 1
2017£186,000 £1,886 2
2016£192,000 £2,341 1
2015£137,500 £1,677 1
2014£120,000 £1,429 1
2013£296,000 £2,239 2
2012£285,000 £2,080 1
2011£198,475 £1,744 2
2010£350,000 £2,276 1
2006£235,600 £2,211 5
2003£154,748 £1,402 2
2002£171,800 £1,409 5
2001£135,0001
1999£82,0001
1998£72,400 £679 5
1997£66,0001
1996£46,500 £596 1
1995£72,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£270,000 £3,214 1
2021£275,750 £2,669 2
2020£180,000 £2,222 1
2015£169,750 £2,055 2
2013£104,950 £1,629 1
2012£145,000 £1,726 1
2010£195,000 £1,548 1
2009£105,000 £1,630 1
2006£195,000 £1,579 3
2002£106,917 £1,143 3
2001£47,420 £692 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£250,000 £2,632 1

House Type in IP23 7JP area

The most common house types in the IP23 7JP postcode area are Detached (89), Semi-detached (41), and Terraced (14).

Total147
Detached89
Semi-detached41
Terraced14
converted building2
Flat1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright65
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency19
Social rented: Rents from council or Local Authority10
Social rented: Other social rented5
Lives rent free2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IP23 7JP have 2 people in household (70), and 1 person in household (28).

2 people in household70
1 person in household28
3 people in household23
4 people in household19
5 people in household5
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0