Housing Market Analysis for DRURY LANE, IP23 8ED

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £261,250 median price is £250,000 Standard Deviation is £132,730 with Total Sold: 4
    • The Last 5 Year average price is £420,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MELLIS LODGE DRURY LANE: £420,000 (Sold on 27 Nov 2020)
    • The first recorded sale happened at this postcode is MELLIS LODGE DRURY LANE: £125,000 (Sold on 30 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8ED 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
2020£420,000 £2,333 1
2005£365,000 £2,028 1
1999£135,000 £750 1
1997£125,000 £694 1

All the Sales in the DRURY LANE, IP23 8ED

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

AddressSold DatePrice% Change
MELLIS LODGE DRURY LANEDetached, FreeholdArea: 180 Sq.mtrAge: before 190027 Nov 2020£420,00015.07%
23 Sep 2005£365,000170.37%
10 Nov 1999£135,0008.00%
30 May 1997£125,000First Sale

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

DRURY LANE, IP23 8ED Near By properties

Interactive Map

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

  • Detached
    • The average price is around £309,518 median price is £360,000 Standard Deviation is £131,139 with Total Sold: 25
    • The Last 5 Year average price is £445,100 with Total Sold: 5
    • The most recent sale happened at this postcode is , KILN ROYAL FORGE THE COMMON: £475,500 (Sold on 20 May 2022)
    • The first recorded sale happened at this postcode is , FORGE BARN THE COMMON: £78,000 (Sold on 10 Jan 1997)
  • Terraced
    • The average price is around £89,375 median price is £82,250 Standard Deviation is £40,510 with Total Sold: 8
    • The most recent sale happened at this postcode is 5, SUNNYSIDE THE COMMON: £165,000 (Sold on 28 Sep 2018)
    • The first recorded sale happened at this postcode is 7, SUNNYSIDE THE COMMON: £56,000 (Sold on 01 Oct 1996)
  • Semi-Detached
    • The average price is around £176,500 median price is £150,000 Standard Deviation is £71,896 with Total Sold: 5
    • The most recent sale happened at this postcode is , OLD STATION HOTEL THE COMMON: £82,500 (Sold on 05 Aug 2013)
    • The first recorded sale happened at this postcode is , RAILWAY TAVERN THE COMMON: £150,000 (Sold on 01 Dec 2000)
  • Flat
    • The average price is around £102,625 median price is £102,625 Standard Deviation is £30,125 with Total Sold: 2
    • The most recent sale happened at this postcode is , OLD STATION HOUSE THE COMMON: £132,750 (Sold on 11 Aug 2005)
    • The first recorded sale happened at this postcode is , OLD STATION HOUSE THE COMMON: £72,500 (Sold on 09 Jul 2001)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£462,750 £2,721 2
2021£410,000 £2,612 1
2020£420,000 £2,333 1
2019£470,000 £2,186 1
2017£365,0001
2014£407,500 £2,775 2
2013£307,500 £1,959 1
2012£252,000 £3,121 2
2011£314,500 £2,006 2
2007£429,983 £2,281 3
2005£337,500 £1,735 2
2001£138,000 £879 1
1999£151,500 £935 2
1998£125,0001
1997£120,333 £715 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£165,000 £2,619 1
2014£140,000 £2,379 1
2002£88,000 £1,000 1
2001£85,0001
2000£79,500 £903 1
1999£68,500 £778 1
1996£44,500 £580 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£82,500 £567 1
2009£130,000 £893 1
2008£270,0001
2007£250,000 £1,938 1
2000£150,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£132,750 £912 1
2001£72,500 £498 1

House Type in IP23 8ED area

The most common house types in the IP23 8ED postcode area are Detached (113), Semi-detached (53), and Terraced (35).

Total208
Detached113
Semi-detached53
Terraced35
converted building4
commercial building2
Flat1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (95), and Owned: Owns with a mortgage or loan (78).

Owned: Owns outright95
Owned: Owns with a mortgage or loan78
Private rented: Private landlord or letting agency17
Social rented: Rents from council or Local Authority12
Social rented: Other social rented5
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP23 8ED have 2 people in household (87), and 3 people in household (38).

2 people in household87
3 people in household38
4 people in household38
1 person in household34
5 people in household5
6 people in household3
7 people in household1
8 or more people in household1
0 people in household0