Housing Market Analysis for OLD NORWICH ROAD, IP23 8BH

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

Overview of Sold House prices

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

  • Other
    • The average price is around £421,167 median price is £249,000 Standard Deviation is £416,438 with Total Sold: 3
    • The Last 5 Year average price is £995,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT, WHITE HOUSE FARM OLD NORWICH ROAD: £995,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is THE CHERRY TREE OLD NORWICH ROAD: £19,500 (Sold on 13 Aug 2017)
  • Detached
    • The average price is around £281,200 median price is £207,000 Standard Deviation is £209,309 with Total Sold: 15
    • The Last 5 Year average price is £614,167 with Total Sold: 3
    • The most recent sale happened at this postcode is BARN 3, WHITE HOUSE FARM OLD NORWICH ROAD: £805,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is CHERRY TREE COTTAGE OLD NORWICH ROAD: £95,000 (Sold on 25 Aug 1995)
  • Semi-Detached
    • The average price is around £300,000 median price is £300,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ROSE COTTAGE OLD NORWICH ROAD: £300,000 (Sold on 10 Jun 2021)
    • The first recorded sale happened at this postcode is ROSE COTTAGE OLD NORWICH ROAD: £300,000 (Sold on 10 Jun 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8BH 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
2023£995,0001
2018£249,000 £449 1
2017£19,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£805,0001
2021£411,5001
2019£626,000 £2,319 1
2017£475,0001
2015£282,500 £4,982 1
2011£110,0001
2007£315,000 £2,218 1
2005£163,500 £1,592 2
2004£290,000 £1,648 1
2000£150,000 £2,646 1
1999£150,000 £852 1
1998£143,000 £1,007 1
1997£38,000 £670 1
1995£95,000 £669 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£300,000 £2,308 1

All the Sales in the OLD NORWICH ROAD, IP23 8BH

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

AddressSold DatePrice% Change
FLAT, WHITE HOUSE FARM OLD NORWICH ROADOther, Freehold27 Jan 2023£995,000First Sale
BARN 3, WHITE HOUSE FARM OLD NORWICH ROADDetached, Freehold27 Jan 2023£805,00095.63%
16 Nov 2021£411,500-13.37%
02 Feb 2017£475,000331.82%
29 Jul 2011£110,000First Sale
ROSE COTTAGE OLD NORWICH ROADSemi-Detached, FreeholdArea: 130 Sq.mtrAge: before 190010 Jun 2021£300,00044.93%
29 Apr 2005£207,000First Sale
WALNUT TREE HOUSE OLD NORWICH ROADDetached, FreeholdArea: 270 Sq.mtrAge: 2007 onwards27 Sep 2019£626,000First Sale
FLAME HOUSE OLD NORWICH ROADOther, FreeholdArea: 554 Sq.mtr13 Jul 2018£249,000First Sale
THE CHERRY TREE OLD NORWICH ROADOther, Leasehold13 Aug 2017£19,500First Sale
RED ROOFS OLD NORWICH ROADDetached, FreeholdArea: 56.7 Sq.mtrAge: before 190004 Aug 2015£282,50088.33%
24 Aug 2000£150,000294.74%
08 Oct 1997£38,000First Sale
CHERRY TREE COTTAGE OLD NORWICH ROADDetached, FreeholdArea: 142 Sq.mtrAge: 1991-199522 Feb 2007£315,000120.28%
03 Dec 1998£143,00050.53%
25 Aug 1995£95,000First Sale
ROSE VILLA OLD NORWICH ROADDetached, Freehold01 Dec 2005£120,000First Sale
PINDLES OLD NORWICH ROADDetached, FreeholdArea: 176 Sq.mtrAge: 1996-200212 Aug 2004£290,00093.33%
06 Dec 1999£150,000First Sale

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

OLD NORWICH ROAD, IP23 8BH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £248,361 median price is £225,000 Standard Deviation is £144,813 with Total Sold: 123
    • The Last 5 Year average price is £409,425 with Total Sold: 20
    • The most recent sale happened at this postcode is , 11 CHERRY TREE CLOSE: £380,000 (Sold on 15 May 2024)
    • The first recorded sale happened at this postcode is , FERNS CHURCH LANE: £72,000 (Sold on 05 May 1995)
  • Semi-Detached
    • The average price is around £151,609 median price is £140,000 Standard Deviation is £66,400 with Total Sold: 61
    • The Last 5 Year average price is £243,643 with Total Sold: 7
    • The most recent sale happened at this postcode is , RAYLES THE STREET: £272,000 (Sold on 07 Dec 2023)
    • The first recorded sale happened at this postcode is , RAYLES THE STREET: £47,950 (Sold on 27 Jul 1995)
  • Other
    • The average price is around £729,395 median price is £465,000 Standard Deviation is £717,511 with Total Sold: 6
    • The Last 5 Year average price is £792,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , LENROSE CHURCH LANE: £590,000 (Sold on 22 Mar 2023)
    • The first recorded sale happened at this postcode is , THE CHERRY TREE OLD NORWICH ROAD: £19,500 (Sold on 13 Aug 2017)
  • Terraced
    • The average price is around £168,177 median price is £125,000 Standard Deviation is £93,554 with Total Sold: 11
    • The Last 5 Year average price is £180,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , END COTTAGE THE STREET: £245,000 (Sold on 06 Dec 2022)
    • The first recorded sale happened at this postcode is , BRIAR COTTAGE OLD IPSWICH ROAD: £80,000 (Sold on 29 Mar 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,0001
2023£805,0001
2022£900,0001
2021£361,333 £3,267 9
2020£307,500 £2,821 1
2019£363,429 £2,833 7
2018£430,000 £3,971 3
2017£384,667 £2,484 6
2016£392,500 £2,117 2
2015£231,750 £3,012 4
2014£487,500 £2,153 1
2013£258,999 £1,942 5
2012£258,333 £1,858 3
2011£216,650 £1,773 3
2010£286,750 £2,052 2
2009£145,000 £721 1
2008£236,2502
2007£310,444 £2,411 9
2006£220,000 £1,379 1
2005£163,500 £1,592 2
2004£245,667 £1,873 12
2003£190,000 £1,715 9
2002£143,692 £1,371 13
2001£207,7502
2000£129,071 £1,241 7
1999£107,250 £852 2
1998£143,000 £1,007 1
1997£86,800 £551 10
1995£80,000 £669 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£272,0001
2021£262,167 £2,810 3
2020£222,500 £2,771 2
2019£202,000 £2,928 1
2018£341,000 £2,437 2
2017£215,000 £2,654 1
2015£177,700 £2,311 5
2014£181,250 £1,861 2
2013£192,500 £1,552 1
2012£157,833 £1,810 3
2011£139,995 £1,371 1
2010£150,000 £1,856 1
2009£140,0001
2008£172,000 £1,981 2
2007£156,000 £2,045 3
2005£149,333 £1,973 3
2004£139,288 £1,744 12
2003£117,500 £1,774 1
2002£86,800 £1,165 5
2001£85,714 £1,150 7
1999£58,7501
1998£54,500 £242 2
1995£47,950 £593 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£792,500 £4,609 2
2018£923,957 £1,066 3
2017£19,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£245,000 £3,828 1
2021£245,000 £3,176 1
2020£125,000 £1,953 1
2019£142,500 £2,084 2
2018£340,000 £1,683 1
2016£285,000 £1,411 1
2006£124,950 £2,075 1
1997£87,000 £431 1
1996£56,500 £430 2

House Type in IP23 8BH area

The most common house types in the IP23 8BH postcode area are Detached (146), Semi-detached (66), and Terraced (7).

Total221
Detached146
Semi-detached66
Terraced7
commercial building2
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (116), and Owned: Owns with a mortgage or loan (75).

Owned: Owns outright116
Owned: Owns with a mortgage or loan75
Private rented: Private landlord or letting agency19
Social rented: Rents from council or Local Authority6
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP23 8BH have 2 people in household (95), and 1 person in household (40).

2 people in household95
1 person in household40
3 people in household36
4 people in household33
5 people in household12
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0