Housing Market Analysis for NORWICH ROAD, IP23 8AR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £278,000 median price is £300,000 Standard Deviation is £141,089 with Total Sold: 5
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HEALE COTTAGE, 42 NORWICH ROAD: £300,000 (Sold on 30 Apr 2021)
    • The first recorded sale happened at this postcode is WALNUT TREE COTTAGE NORWICH ROAD: £30,000 (Sold on 09 Dec 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8AR 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
2021£300,0001
2018£240,0001
2007£435,0001
2006£385,0001
1999£30,0001

All the Sales in the NORWICH ROAD, IP23 8AR

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

AddressSold DatePrice% Change
HEALE COTTAGE, 42 NORWICH ROADDetached, Freehold30 Apr 2021£300,00025.00%
09 Mar 2018£240,000First Sale
WALNUT TREE COTTAGE NORWICH ROADDetached, Freehold14 Sep 2007£435,00012.99%
28 Apr 2006£385,0001183.33%
09 Dec 1999£30,000First Sale

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

NORWICH ROAD, IP23 8AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP23 8AR 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 8AR 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 £315,613 median price is £262,500 Standard Deviation is £209,151 with Total Sold: 26
    • The Last 5 Year average price is £549,167 with Total Sold: 6
    • 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)

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£400,000 £3,175 1
2018£240,0001
2016£369,950 £2,163 1
2013£335,000 £2,659 1
2011£697,000 £2,556 1
2008£475,0001
2007£435,0001
2006£385,0001
2005£223,750 £1,890 2
2004£276,000 £2,244 1
2003£249,000 £1,456 1
2000£155,000 £906 1
1999£110,250 £657 4
1998£123,000 £719 1
1997£112,5001
1996£64,000 £610 1
1995£106,000 £862 1

House Type in IP23 8AR area

The most common house types in the IP23 8AR 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 8AR 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