Housing Market Analysis for CHAPEL LANE, IP23 8EU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £365,000 median price is £365,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is HEDGE HOG COTTAGE CHAPEL LANE: £365,000 (Sold on 28 Oct 2016)
    • The first recorded sale happened at this postcode is HEDGE HOG COTTAGE CHAPEL LANE: £365,000 (Sold on 28 Oct 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average IP23 8EU 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
2016£365,0001

All the Sales in the CHAPEL LANE, IP23 8EU

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

AddressSold DatePrice% Change
HEDGE HOG COTTAGE CHAPEL LANEDetached, Freehold28 Oct 2016£365,000First Sale

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

CHAPEL LANE, IP23 8EU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £207,300 median price is £192,250 Standard Deviation is £142,792 with Total Sold: 10
    • The Last 5 Year average price is £397,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , MULBERRY COTTAGE EARLSFORD ROAD: £405,000 (Sold on 02 Sep 2022)
    • The first recorded sale happened at this postcode is , 5 EARLSFORD ROAD: £28,000 (Sold on 27 Jun 1997)
  • Detached
    • The average price is around £264,257 median price is £250,000 Standard Deviation is £143,500 with Total Sold: 14
    • The Last 5 Year average price is £398,367 with Total Sold: 3
    • The most recent sale happened at this postcode is , BRIDGE COTTAGE EARLSFORD ROAD: £495,000 (Sold on 01 Jul 2022)
    • The first recorded sale happened at this postcode is , 225 MELLIS ROAD: £87,000 (Sold on 28 Jul 1995)
  • Other
    • The average price is around £575,000 median price is £575,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £575,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , LOCKS COTTAGE CHAPEL FARM LANE: £575,000 (Sold on 21 Aug 2020)
    • The first recorded sale happened at this postcode is , LOCKS COTTAGE CHAPEL FARM LANE: £575,000 (Sold on 21 Aug 2020)
  • Terraced
    • The average price is around £215,000 median price is £215,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 5 EARLSFORD ROAD: £215,000 (Sold on 16 Mar 2006)
    • The first recorded sale happened at this postcode is , 5 EARLSFORD ROAD: £215,000 (Sold on 16 Mar 2006)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£405,000 £4,050 1
2021£390,0001
2015£367,5001
2013£290,000 £4,540 1
2012£250,0001
2003£110,000 £1,618 1
1999£43,000 £632 1
1998£94,750 £928 2
1997£28,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£495,000 £6,266 1
2021£350,0502
2017£355,000 £4,494 1
2016£365,0001
2015£250,000 £3,165 1
2009£174,500 £2,203 1
2008£250,000 £3,165 1
2007£525,000 £2,419 1
2001£170,000 £2,661 1
1999£195,000 £899 1
1998£88,000 £1,114 1
1997£45,0001
1995£87,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£575,000 £3,125 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£215,0001

House Type in IP23 8EU area

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