Housing Market Analysis for NORWICH ROAD, IP23 8AP

Are you looking to understand IP23 8AP 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 8AP area, explore the IP23 8AP Area information page.
For comprehensive crime statistics in the IP23 8AP area, explore the IP23 8AP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP23 8AP postcode area, The average prices are as follows,

  • Other
    • The average price is around £2,341,996 median price is £2,341,996 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £2,341,996 with Total Sold: 1
    • The most recent sale happened at this postcode is BROME GRANGE HOTEL NORWICH ROAD: £2,341,996 (Sold on 19 Dec 2022)
    • The first recorded sale happened at this postcode is BROME GRANGE HOTEL NORWICH ROAD: £2,341,996 (Sold on 19 Dec 2022)
  • Detached
    • The average price is around £317,244 median price is £202,000 Standard Deviation is £253,192 with Total Sold: 8
    • The Last 5 Year average price is £712,500 with Total Sold: 2
    • The most recent sale happened at this postcode is SWAN INN NORWICH ROAD: £575,000 (Sold on 17 Feb 2022)
    • The first recorded sale happened at this postcode is HOLLY COTTAGE NORWICH ROAD: £123,000 (Sold on 02 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8AP 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,341,9961
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£575,0001
2021£850,000 £2,401 1
2016£369,950 £2,163 1
2003£249,000 £1,456 1
2000£155,000 £906 1
1999£108,000 £424 2
1998£123,000 £719 1

All the Sales in the NORWICH ROAD, IP23 8AP

See the table below for more details on the sold house prices in the IP23 8AP, Mid Suffolk postcode.

AddressSold DatePrice% Change
BROME GRANGE HOTEL NORWICH ROADOther, Freehold19 Dec 2022£2,341,996First Sale
SWAN INN NORWICH ROADDetached, Freehold17 Feb 2022£575,000First Sale
CHEQUERS NORWICH ROADDetached, FreeholdArea: 354 Sq.mtrAge: before 190017 Dec 2021£850,000466.67%
17 May 1999£150,000First Sale
HOLLY COTTAGE NORWICH ROADDetached, FreeholdArea: 171 Sq.mtrAge: before 190016 Sep 2016£369,95048.57%
28 May 2003£249,00060.65%
05 Jul 2000£155,00026.02%
02 Apr 1998£123,000First Sale
OAK TUA COTTAGE NORWICH ROADDetached, Freehold08 Mar 1999£66,000First Sale

Check out the sold house prices near the IP23 8AP postcode. Properties currently for saleProperties currently for rent

NORWICH ROAD, IP23 8AP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP23 8AP 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 8AP postcode.

  • Semi-Detached
    • The average price is around £219,278 median price is £227,250 Standard Deviation is £125,108 with Total Sold: 16
    • The Last 5 Year average price is £383,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , BARNACRE COTTAGE RECTORY ROAD: £390,000 (Sold on 04 May 2023)
    • The first recorded sale happened at this postcode is , 24 RECTORY ROAD: £56,500 (Sold on 20 Jun 1996)
  • Other
    • The average price is around £1,338,999 median price is £1,200,000 Standard Deviation is £768,509 with Total Sold: 3
    • The Last 5 Year average price is £2,341,996 with Total Sold: 1
    • The most recent sale happened at this postcode is , BROME GRANGE HOTEL NORWICH ROAD: £2,341,996 (Sold on 19 Dec 2022)
    • The first recorded sale happened at this postcode is , CORNWALLIS COUNTRY HOTEL & RESTAURANT RECTORY ROAD: £1,200,000 (Sold on 07 Feb 2014)
  • Detached
    • The average price is around £264,698 median price is £249,000 Standard Deviation is £174,112 with Total Sold: 55
    • The Last 5 Year average price is £547,857 with Total Sold: 7
    • The most recent sale happened at this postcode is , SWAN INN NORWICH ROAD: £575,000 (Sold on 17 Feb 2022)
    • The first recorded sale happened at this postcode is , THE OLD COACH HOUSE RECTORY ROAD: £106,000 (Sold on 12 Jul 1995)
  • Terraced
    • The average price is around £110,000 median price is £110,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, PRETORIA VILLAS EYE ROAD: £110,000 (Sold on 20 Aug 2012)
    • The first recorded sale happened at this postcode is 2, PRETORIA VILLAS EYE ROAD: £110,000 (Sold on 20 Aug 2012)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£390,000 £2,635 1
2022£450,000 £6,164 1
2021£365,000 £2,466 1
2020£328,000 £4,493 1
2016£295,000 £3,331 2
2014£240,000 £2,824 1
2013£245,000 £2,333 1
2009£180,000 £2,466 1
2007£214,5001
2005£157,5001
2000£98,0001
1999£59,9501
1998£71,5001
1996£59,500 £598 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,341,9961
2017£475,0001
2014£1,200,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£575,0001
2021£580,000 £3,316 4
2020£395,000 £3,559 1
2019£545,000 £4,703 1
2018£288,317 £2,373 3
2016£369,950 £2,163 1
2015£367,500 £2,967 2
2013£245,000 £1,189 1
2012£225,000 £1,114 1
2011£421,167 £2,212 3
2010£275,0001
2009£250,000 £1,497 1
2008£475,0001
2007£364,000 £1,637 2
2006£281,000 £1,202 4
2005£263,333 £2,074 3
2004£198,500 £1,415 2
2003£236,125 £2,052 4
2002£158,500 £640 2
2001£105,000 £1,728 1
2000£155,000 £906 2
1999£100,000 £550 5
1998£77,500 £451 2
1997£99,0002
1996£84,000 £544 3
1995£99,750 £711 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£110,000 £1,028 1

House Type in IP23 8AP area

The most common house types in the IP23 8AP postcode area are Detached (142), Semi-detached (62), and temporary structure (26).

Total248
Detached142
Semi-detached62
temporary structure26
Terraced18
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (129), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright129
Owned: Owns with a mortgage or loan60
Private rented: Private landlord or letting agency22
Social rented: Rents from council or Local Authority18
Private rented: Other private rented12
Social rented: Other social rented4
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IP23 8AP have 2 people in household (110), and 1 person in household (67).

2 people in household110
1 person in household67
3 people in household28
4 people in household25
5 people in household10
6 people in household5
0 people in household0
7 people in household0
8 or more people in household0