Housing Market Analysis for GROVE LANE, IP24 2HY

Are you looking to understand IP24 2HY 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 Breckland postcode.

For the location information and nearby amenities in the IP24 2HY area, explore the IP24 2HY Area information page.
For comprehensive crime statistics in the IP24 2HY area, explore the IP24 2HY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP24 2HY postcode area, The average prices are as follows,

Terraced
- The average price is around £84,656 median price is £87,500 Standard Deviation is £42,258 with Total Sold: 51
- The Last 5 Year average price is £142,011 with Total Sold: 9
- The most recent sale happened at this postcode is 5 GROVE LANE: £160,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 14 GROVE LANE: £33,500 (Sold on 06 Feb 1995)
Semi-Detached
- The average price is around £255,000 median price is £255,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £255,000 with Total Sold: 1
- The most recent sale happened at this postcode is 27 GROVE LANE: £255,000 (Sold on 13 Mar 2023)
- The first recorded sale happened at this postcode is 27 GROVE LANE: £255,000 (Sold on 13 Mar 2023)
Other
- The average price is around £260,000 median price is £260,000 Standard Deviation is £140,000 with Total Sold: 2
- The most recent sale happened at this postcode is 2 GROVE LANE: £400,000 (Sold on 24 Apr 2018)
- The first recorded sale happened at this postcode is LIME PHARMACY LTD GROVE LANE: £120,000 (Sold on 01 Apr 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average IP24 2HY 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£157,500	£2,615	2
2021	£130,000	£2,453	1
2020	£144,700	£2,592	3
2019	£133,000	£2,527	3
2018	£123,750	£2,447	2
2017	£135,000	£2,700	1
2016	£120,000	£2,308	1
2015	£137,000	£2,585	1
2012	£96,500	£1,838	3
2007	£115,998	£2,171	2
2006	£104,350	£2,036	4
2005	£103,600	£1,955	2
2004	£87,333	£1,566	3
2003	£79,000	£1,463	1
2002	£59,317	£1,246	3
2000	£47,690	£871	5
1999	£35,250	£697	2
1998	£36,000	£649	4
1997	£34,380	£614	5
1996	£38,225	£723	2
1995	£33,500	£632	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£255,000	£3,000	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£400,000	£5,556	1
2016	£120,000		1

All the Sales in the GROVE LANE, IP24 2HY

See the table below for more details on the sold house prices in the IP24 2HY, Breckland postcode.

Address	Sold Date	Price	% Change
5 GROVE LANETerraced, FreeholdArea: 52 Sq.mtrAge: 1991-1995	31 Mar 2023	£160,000	102.53%
5 GROVE LANETerraced, FreeholdArea: 52 Sq.mtrAge: 1991-1995	30 May 2003	£79,000	First Sale
27 GROVE LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	13 Mar 2023	£255,000	First Sale
2 GROVE LANETerraced, FreeholdArea: 72 Sq.mtrAge: before 1900	03 Mar 2023	£155,000	-61.25%
	24 Apr 2018	£400,000	First Sale
3 GROVE LANETerraced, FreeholdArea: 53 Sq.mtrAge: 1996-2002	12 Apr 2021	£130,000	237.66%
3 GROVE LANETerraced, FreeholdArea: 53 Sq.mtrAge: 1996-2002	04 Apr 1996	£38,500	First Sale
8 GROVE LANETerraced, FreeholdArea: 52 Sq.mtrAge: before 1900	10 Jul 2020	£135,000	12.50%
	16 Sep 2016	£120,000	9.09%
	24 Aug 2007	£110,000	117.82%
	15 Sep 2000	£50,500	13.48%
	14 Apr 2000	£44,500	First Sale
10 GROVE LANETerraced, FreeholdArea: 50 Sq.mtrAge: before 1900	05 Jun 2020	£125,000	-7.41%
	26 May 2017	£135,000	275.00%
	03 Nov 1998	£36,000	First Sale
13 GROVE LANETerraced, FreeholdArea: 65 Sq.mtrAge: 1996-2002	12 Mar 2020	£174,100	190.41%
	28 Mar 2000	£59,950	53.72%
	20 Nov 1998	£39,000	First Sale
12 GROVE LANETerraced, FreeholdArea: 53 Sq.mtrAge: before 1900	22 May 2019	£125,000	50.60%
	30 Apr 2004	£83,000	196.43%
	23 Jan 1998	£28,000	16.67%
	27 Jan 1997	£24,000	First Sale
16 GROVE LANETerraced, FreeholdArea: 50.72 Sq.mtrAge: before 1900	12 Apr 2019	£124,000	30.53%
	08 Aug 2012	£95,000	-12.00%
	11 Aug 2006	£107,950	23.37%
	31 Jan 2006	£87,500	130.26%
	17 Mar 2000	£38,000	First Sale
11 GROVE LANETerraced, FreeholdArea: 54 Sq.mtrAge: 1996-2002	18 Jan 2019	£150,000	First Sale
18 GROVE LANETerraced, FreeholdArea: 50 Sq.mtrAge: before 1900	08 Aug 2018	£120,000	15.38%
	22 Sep 2006	£104,000	220.00%
	07 May 1999	£32,500	20.37%
	16 Dec 1997	£27,000	First Sale
14 GROVE LANETerraced, FreeholdArea: 51.13 Sq.mtrAge: before 1900	06 Jul 2018	£127,500	25.99%
	27 Oct 2005	£101,200	51.04%
	18 Sep 2002	£67,000	76.32%
	17 Sep 1999	£38,000	13.43%
	06 Feb 1995	£33,500	First Sale
LIME PHARMACY LTD GROVE LANEOther, Leasehold	01 Apr 2016	£120,000	First Sale
7 GROVE LANETerraced, FreeholdArea: 53 Sq.mtrAge: 2003-2006	09 Oct 2015	£137,000	29.25%
	27 May 2005	£106,000	132.97%
	10 Mar 2000	£45,500	First Sale
17 GROVE LANETerraced, FreeholdArea: 54.13 Sq.mtrAge: 1991-1995	10 Oct 2012	£86,000	-29.51%
	25 May 2007	£121,995	197.55%
	17 Jul 1998	£41,000	9.48%
	17 Jan 1997	£37,450	First Sale
23 GROVE LANETerraced, FreeholdArea: 52.88 Sq.mtrAge: 1991-1995	05 Mar 2012	£108,500	67.05%
	03 Apr 2002	£64,950	62.38%
	15 Oct 1997	£40,000	First Sale
9 GROVE LANETerraced, FreeholdArea: 53.4 Sq.mtrAge: 1996-2002	22 Sep 2006	£117,950	First Sale
6 GROVE LANETerraced, Freehold	12 Nov 2004	£88,000	91.30%
6 GROVE LANETerraced, Freehold	02 Aug 2002	£46,000	First Sale
19 GROVE LANETerraced, Freehold	09 Jan 2004	£91,000	First Sale
15 GROVE LANETerraced, Freehold	30 Jun 1997	£43,450	First Sale
21 GROVE LANETerraced, FreeholdArea: 52.7 Sq.mtrAge: 1991-1995	29 Nov 1996	£37,950	First Sale

Check out the sold house prices near the IP24 2HY postcode. Properties currently for saleProperties currently for rent

GROVE LANE, IP24 2HY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP24 2HY 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 IP24 2HY postcode.

Terraced
- The average price is around £109,103 median price is £105,000 Standard Deviation is £62,529 with Total Sold: 1,245
- The Last 5 Year average price is £194,973 with Total Sold: 188
- The most recent sale happened at this postcode is , 41 VICARAGE ROAD: £178,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 13 FORD STREET: £56,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £133,350 median price is £129,995 Standard Deviation is £71,236 with Total Sold: 442
- The Last 5 Year average price is £230,700 with Total Sold: 73
- The most recent sale happened at this postcode is , 44 LIME KILN LANE: £190,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 11 WATER LANE: £47,625 (Sold on 06 Jan 1995)
Detached
- The average price is around £195,315 median price is £176,000 Standard Deviation is £112,754 with Total Sold: 549
- The Last 5 Year average price is £319,480 with Total Sold: 115
- The most recent sale happened at this postcode is , 9 MANSE COURT: £240,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 12 ABBEY GREEN: £50,000 (Sold on 13 Jan 1995)
Other
- The average price is around £855,693 median price is £255,000 Standard Deviation is £2,306,016 with Total Sold: 96
- The Last 5 Year average price is £593,173 with Total Sold: 57
- The most recent sale happened at this postcode is , 24 WHITE HART STREET: £501,000 (Sold on 10 Apr 2024)
- The first recorded sale happened at this postcode is , 39 KING STREET: £2,800,000 (Sold on 19 Dec 2013)
Flat
- The average price is around £78,755 median price is £78,625 Standard Deviation is £42,265 with Total Sold: 378
- The Last 5 Year average price is £133,736 with Total Sold: 52
- The most recent sale happened at this postcode is , 1 LORD CECIL COURT: £160,000 (Sold on 21 Mar 2024)
- The first recorded sale happened at this postcode is , 33 BEN CULEY DRIVE: £28,500 (Sold on 17 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£204,486	£2,698	18
2023	£220,682	£2,999	33
2022	£215,984	£2,764	32
2021	£183,656	£2,530	39
2020	£181,084	£2,568	28
2019	£172,295	£2,446	38
2018	£157,050	£2,230	30
2017	£160,688	£2,311	32
2016	£136,743	£1,867	37
2015	£132,416	£1,830	37
2014	£124,731	£2,199	29
2013	£138,902	£1,591	26
2012	£114,437	£1,731	26
2011	£106,242	£1,585	33
2010	£119,238	£1,742	25
2009	£108,141	£2,240	32
2008	£134,648	£1,971	46
2007	£134,529	£1,711	53
2006	£119,048	£1,621	65
2005	£109,153	£1,561	48
2004	£101,725	£1,487	64
2003	£88,633	£1,260	39
2002	£75,132	£1,052	64
2001	£67,286	£901	63
2000	£56,193	£833	68
1999	£48,130	£666	50
1998	£43,149	£630	64
1997	£41,407	£609	59
1996	£35,481	£520	35
1995	£38,261	£534	32

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,625	£1,849	8
2023	£245,570	£3,177	17
2022	£219,300	£2,817	10
2021	£246,907	£2,780	23
2020	£186,556	£2,003	9
2019	£206,425	£2,013	6
2018	£187,700	£2,048	15
2017	£169,038	£2,216	16
2016	£169,879	£2,504	17
2015	£149,368	£1,713	19
2014	£148,000	£1,941	9
2013	£143,041	£1,710	12
2012	£118,583	£1,602	6
2011	£129,691	£1,778	13
2010	£117,438	£1,713	8
2009	£128,251	£2,005	12
2008	£138,558	£2,137	21
2007	£147,226	£1,868	27
2006	£151,175	£1,641	16
2005	£130,155	£1,845	10
2004	£120,555	£1,585	19
2003	£116,166	£1,435	12
2002	£85,093	£1,304	21
2001	£78,140	£888	21
2000	£67,244	£758	17
1999	£51,368	£654	26
1998	£58,790	£1,124	21
1997	£53,695	£586	12
1996	£45,000	£499	6
1995	£44,891	£519	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£294,423	£2,673	13
2023	£324,511	£2,898	27
2022	£371,440	£3,206	17
2021	£326,844	£2,765	29
2020	£294,324	£2,592	17
2019	£279,542	£2,419	12
2018	£293,382	£2,607	17
2017	£256,636	£2,508	11
2016	£213,706	£2,197	17
2015	£209,875	£2,048	28
2014	£188,083	£1,928	24
2013	£191,650	£1,665	10
2012	£170,500	£1,792	8
2011	£183,643	£1,840	14
2010	£182,800	£1,655	15
2009	£185,136	£1,454	11
2008	£241,417	£1,975	9
2007	£228,452	£2,356	25
2006	£193,296	£1,926	23
2005	£154,278	£1,355	9
2004	£170,956	£1,775	23
2003	£137,347	£926	17
2002	£177,700	£1,317	28
2001	£152,060	£1,003	25
2000	£99,960	£827	14
1999	£78,124	£701	29
1998	£74,104	£761	23
1997	£73,118	£607	17
1996	£76,655	£610	22
1995	£64,180	£666	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£500,500		2
2023	£980,504	£2,656	13
2022	£238,159	£4,092	14
2021	£448,728	£1,953	11
2020	£744,388	£9,782	8
2019	£648,662	£6,641	9
2018	£419,750	£4,805	12
2017	£2,654,112	£769	11
2016	£345,312	£894	8
2015	£651,979	£26,062	3
2014	£425,000		1
2013	£2,240,000		4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£128,000	£1,737	4
2023	£157,639	£2,639	9
2022	£137,000	£2,986	6
2021	£142,267	£2,402	15
2020	£115,250	£2,330	6
2019	£114,667	£2,433	12
2018	£107,042	£2,516	12
2017	£119,728	£2,107	20
2016	£105,515	£5,407	17
2015	£100,200	£2,355	10
2014	£91,284	£2,085	25
2013	£65,519	£1,594	8
2012	£69,667	£1,603	6
2011	£81,700	£1,544	5
2010	£76,667	£1,863	6
2009	£84,929	£1,724	7
2008	£102,915	£2,225	12
2007	£100,700	£1,979	10
2006	£91,374	£1,763	23
2005	£90,541	£1,771	11
2004	£76,495	£1,903	10
2003	£62,769	£1,392	21
2002	£50,623	£1,174	22
2001	£37,252	£907	25
2000	£31,641	£796	17
1999	£29,353	£667	15
1998	£27,775	£584	10
1997	£26,919	£525	13
1996	£26,861	£623	9
1995	£28,138	£641	12

House Type in IP24 2HY area

The most common house types in the IP24 2HY postcode area are Terraced (58), Semi-detached (33), and Detached (18).

Total	133
Terraced	58
Semi-detached	33
Detached	18
Flat	16
converted building	5
Shared house	2
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (67), and Owned: Owns outright (29).

Private rented: Private landlord or letting agency	67
Owned: Owns outright	29
Owned: Owns with a mortgage or loan	27
Social rented: Other social rented	8
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the IP24 2HY have 2 people in household (56), and 1 person in household (38).

2 people in household	56
1 person in household	38
3 people in household	22
4 people in household	11
5 people in household	4
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0