Housing Market Analysis for CHAPEL FARM CLOSE, IP23 8BF

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £399,498 median price is £400,000 Standard Deviation is £62,643 with Total Sold: 14
    • The Last 5 Year average price is £478,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 CHAPEL FARM CLOSE: £530,000 (Sold on 25 May 2023)
    • The first recorded sale happened at this postcode is 2 CHAPEL FARM CLOSE: £364,995 (Sold on 25 Feb 2015)
  • Semi-Detached
    • The average price is around £240,000 median price is £225,000 Standard Deviation is £21,213 with Total Sold: 3
    • The most recent sale happened at this postcode is 8 CHAPEL FARM CLOSE: £270,000 (Sold on 04 Jan 2018)
    • The first recorded sale happened at this postcode is 8 CHAPEL FARM CLOSE: £225,000 (Sold on 30 Apr 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8BF 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
2023£530,000 £3,630 1
2020£452,500 £2,903 2
2018£442,500 £2,977 2
2017£433,000 £2,966 1
2015£354,997 £2,537 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£270,000 £3,253 1
2015£225,000 £2,711 2

All the Sales in the CHAPEL FARM CLOSE, IP23 8BF

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

AddressSold DatePrice% Change
2 CHAPEL FARM CLOSEDetached, FreeholdArea: 146 Sq.mtr25 May 2023£530,00022.40%
30 Nov 2017£433,00018.63%
25 Feb 2015£364,995First Sale
5 CHAPEL FARM CLOSEDetached, FreeholdArea: 166 Sq.mtr14 Oct 2020£475,0009.20%
19 Oct 2018£435,0004.82%
04 Sep 2015£415,000First Sale
4 CHAPEL FARM CLOSEDetached, FreeholdArea: 146 Sq.mtr29 Jul 2020£430,00014.67%
16 Sep 2015£374,995First Sale
3 CHAPEL FARM CLOSEDetached, FreeholdArea: 135 Sq.mtr13 Sep 2018£450,00028.57%
29 May 2015£349,995First Sale
8 CHAPEL FARM CLOSESemi-Detached, FreeholdArea: 83 Sq.mtr04 Jan 2018£270,00020.00%
30 Apr 2015£225,000First Sale
18 CHAPEL FARM CLOSEDetached, FreeholdArea: 122 Sq.mtr06 Nov 2015£329,995First Sale
19 CHAPEL FARM CLOSEDetached, FreeholdArea: 152 Sq.mtr30 Oct 2015£385,000First Sale
6 CHAPEL FARM CLOSEDetached, FreeholdArea: 131 Sq.mtr11 Sep 2015£329,995First Sale
7 CHAPEL FARM CLOSESemi-Detached, FreeholdArea: 83 Sq.mtr30 Apr 2015£225,000First Sale
1 CHAPEL FARM CLOSEDetached, FreeholdArea: 122 Sq.mtr17 Apr 2015£290,000First Sale

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

CHAPEL FARM CLOSE, IP23 8BF Near By properties

Interactive Map

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

  • Detached
    • The average price is around £351,190 median price is £339,950 Standard Deviation is £179,658 with Total Sold: 143
    • The Last 5 Year average price is £523,130 with Total Sold: 27
    • The most recent sale happened at this postcode is , STREET FARM BARN MILL STREET: £870,000 (Sold on 06 Sep 2023)
    • The first recorded sale happened at this postcode is , HOLLY LODGE MILL STREET: £69,500 (Sold on 28 Apr 1995)
  • Semi-Detached
    • The average price is around £149,973 median price is £146,250 Standard Deviation is £91,691 with Total Sold: 68
    • The Last 5 Year average price is £286,000 with Total Sold: 10
    • The most recent sale happened at this postcode is , 27 MARTINS MEADOW: £300,000 (Sold on 08 Apr 2022)
    • The first recorded sale happened at this postcode is , 1 MARTINS MEADOW: £46,500 (Sold on 30 Mar 1995)
  • Terraced
    • The average price is around £246,661 median price is £238,000 Standard Deviation is £77,958 with Total Sold: 9
    • The Last 5 Year average price is £248,998 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 STREET FARM GARDENS: £259,995 (Sold on 12 Nov 2021)
    • The first recorded sale happened at this postcode is , 5 STREET FARM GARDENS: £175,000 (Sold on 27 Sep 2006)
  • Other
    • The average price is around £715,000 median price is £715,000 Standard Deviation is £280,000 with Total Sold: 2
    • The Last 5 Year average price is £995,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MANOR FARM HOUSE MILL STREET: £995,000 (Sold on 29 Jul 2021)
    • The first recorded sale happened at this postcode is , FAIRFIELD HOUSE MILL STREET: £435,000 (Sold on 20 Mar 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£502,000 £3,072 4
2022£457,700 £3,649 5
2021£600,857 £4,202 7
2020£506,500 £2,636 4
2019£513,714 £3,051 7
2018£496,857 £2,892 7
2017£496,500 £2,996 2
2016£408,490 £2,444 5
2015£364,648 £2,575 18
2014£384,333 £2,472 12
2013£213,317 £1,765 3
2012£276,500 £3,527 1
2011£230,000 £3,402 3
2010£310,833 £1,833 6
2009£301,725 £1,872 12
2008£309,167 £2,663 6
2007£350,000 £1,193 4
2006£386,250 £1,714 4
2005£256,750 £2,322 4
2004£405,000 £1,803 3
2003£228,000 £847 1
2002£280,790 £932 5
2001£179,983 £1,199 3
2000£178,667 £1,244 3
1999£86,950 £896 1
1998£87,000 £844 3
1997£166,500 £680 2
1996£116,286 £563 7
1995£69,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£300,000 £3,261 1
2021£291,000 £3,058 5
2020£272,000 £2,542 1
2019£277,667 £2,645 3
2018£270,000 £3,253 1
2016£203,000 £2,232 1
2015£223,625 £2,513 4
2014£226,333 £2,108 3
2013£172,000 £1,536 1
2011£184,975 £1,817 2
2008£210,0001
2007£178,450 £1,913 3
2006£170,000 £1,966 1
2004£158,150 £1,428 3
2003£320,000 £1,592 1
2002£198,000 £1,493 2
2001£92,875 £921 4
2000£96,683 £906 6
1999£93,416 £766 6
1998£75,300 £606 5
1997£63,150 £617 3
1996£54,414 £693 7
1995£46,250 £562 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£259,995 £3,095 1
2020£238,000 £2,833 1
2016£232,000 £2,762 1
2015£240,000 £2,609 1
2014£449,950 £2,239 1
2012£180,000 £2,118 1
2008£255,000 £2,339 1
2007£190,000 £2,065 1
2006£175,000 £2,059 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£995,0001
2017£435,000 £2,620 1

House Type in IP23 8BF area

The most common house types in the IP23 8BF postcode area are Detached (156), Semi-detached (26), and Terraced (9).

Total191
Detached156
Semi-detached26
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 (108), and Owned: Owns with a mortgage or loan (65).

Owned: Owns outright108
Owned: Owns with a mortgage or loan65
Social rented: Other social rented9
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IP23 8BF have 2 people in household (91), and 1 person in household (38).

2 people in household91
1 person in household38
3 people in household28
4 people in household24
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0