Housing Market Analysis for MILL LANE, IP23 8EP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £93,000 median price is £93,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is MILL HOUSE MILL LANE: £93,000 (Sold on 17 Feb 1995)
    • The first recorded sale happened at this postcode is MILL HOUSE MILL LANE: £93,000 (Sold on 17 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8EP 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
1995£93,000 £641 1

All the Sales in the MILL LANE, IP23 8EP

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

AddressSold DatePrice% Change
MILL HOUSE MILL LANEDetached, FreeholdArea: 145 Sq.mtrAge: before 190017 Feb 1995£93,000First Sale

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

MILL LANE, IP23 8EP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £227,393 median price is £242,000 Standard Deviation is £75,032 with Total Sold: 14
    • The Last 5 Year average price is £270,143 with Total Sold: 7
    • The most recent sale happened at this postcode is , 3 LANGWOODS: £345,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 CHAPEL LANE: £76,000 (Sold on 04 Dec 1998)
  • Detached
    • The average price is around £366,625 median price is £312,500 Standard Deviation is £196,735 with Total Sold: 8
    • The Last 5 Year average price is £477,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 4 LANGWOODS: £625,000 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is , MILL HOUSE MILL LANE: £93,000 (Sold on 17 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,000 £3,080 1
2022£290,000 £4,754 1
2021£295,000 £2,723 2
2020£236,000 £3,869 1
2019£215,000 £2,374 2
2010£207,167 £2,460 3
2007£250,000 £2,212 1
2006£195,000 £2,321 1
2003£150,000 £1,786 1
1998£76,000 £905 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£625,000 £2,990 1
2022£330,000 £3,976 1
2017£260,000 £1,444 1
2008£650,000 £3,641 1
2007£525,000 £2,512 1
2006£225,000 £2,253 2
1995£93,000 £641 1

House Type in IP23 8EP area

The most common house types in the IP23 8EP postcode area are Detached (61), Semi-detached (23), and Terraced (13).

Total105
Detached61
Semi-detached23
Terraced13
converted building7
Shared house1
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Private rented: Private landlord or letting agency (25).

Owned: Owns outright54
Private rented: Private landlord or letting agency25
Owned: Owns with a mortgage or loan22
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IP23 8EP have 2 people in household (45), and 1 person in household (39).

2 people in household45
1 person in household39
3 people in household15
4 people in household7
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0