Housing Market Analysis for MILL LANE, IP24 2NH

Are you looking to understand IP24 2NH 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 West Suffolk postcode.

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £252,356 median price is £265,000 Standard Deviation is £99,886 with Total Sold: 7
    • The Last 5 Year average price is £328,500 with Total Sold: 2
    • The most recent sale happened at this postcode is BIRCHWOOD MILL LANE: £312,000 (Sold on 30 Apr 2021)
    • The first recorded sale happened at this postcode is MAPLE COTTAGE MILL LANE: £89,500 (Sold on 26 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IP24 2NH 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
2021£312,000 £3,391 1
2019£345,000 £2,537 1
2018£395,0001
2015£265,000 £1,949 1
2012£170,000 £1,466 1
2003£189,9951
1996£89,5001

All the Sales in the MILL LANE, IP24 2NH

See the table below for more details on the sold house prices in the IP24 2NH, West Suffolk postcode.

AddressSold DatePrice% Change
BIRCHWOOD MILL LANEDetached, FreeholdArea: 92 Sq.mtrAge: 1976-198230 Apr 2021£312,000First Sale
PANFIELDS MILL LANEDetached, FreeholdArea: 136 Sq.mtrAge: 1967-197525 Nov 2019£345,00030.19%
07 Aug 2015£265,000First Sale
1 MILL LANEDetached, Freehold02 Nov 2018£395,000First Sale
BAYARD MILL LANEDetached, FreeholdArea: 116 Sq.mtrAge: 1967-197514 Dec 2012£170,000First Sale
WHITE GABLES MILL LANEDetached, Freehold16 Jul 2003£189,995First Sale
MAPLE COTTAGE MILL LANEDetached, Freehold26 Jul 1996£89,500First Sale

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

MILL LANE, IP24 2NH Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £190,872 median price is £179,000 Standard Deviation is £60,481 with Total Sold: 8
    • The Last 5 Year average price is £274,765 with Total Sold: 2
    • The most recent sale happened at this postcode is , 5 ST MARTINS LANE: £270,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 1 TOWER COTTAGES: £149,950 (Sold on 26 Feb 2003)
  • Detached
    • The average price is around £293,294 median price is £280,000 Standard Deviation is £172,780 with Total Sold: 73
    • The Last 5 Year average price is £500,192 with Total Sold: 13
    • The most recent sale happened at this postcode is , MILLFORD WATER LANE: £575,000 (Sold on 16 Nov 2023)
    • The first recorded sale happened at this postcode is , THE OLD PARSONAGE CHURCH LANE: £182,500 (Sold on 15 Jan 1996)
  • Semi-Detached
    • The average price is around £199,550 median price is £175,000 Standard Deviation is £100,754 with Total Sold: 35
    • The Last 5 Year average price is £310,050 with Total Sold: 10
    • The most recent sale happened at this postcode is , 32 MILL LANE: £262,500 (Sold on 20 Sep 2023)
    • The first recorded sale happened at this postcode is , 1 THETFORD ROAD: £61,000 (Sold on 04 May 1995)
  • Other
    • The average price is around £9,000 median price is £9,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £9,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , HAREFIELD EUSTON ROAD: £9,000 (Sold on 13 Jan 2023)
    • The first recorded sale happened at this postcode is , HAREFIELD EUSTON ROAD: £9,000 (Sold on 13 Jan 2023)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£270,0001
2019£279,5301
2017£165,0001
2016£157,5001
2015£193,000 £1,771 1
2007£224,000 £1,915 1
2003£118,975 £1,048 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£575,000 £2,436 1
2022£480,000 £3,220 3
2021£545,667 £2,951 3
2020£605,000 £2,778 2
2019£410,125 £2,659 4
2018£429,375 £3,074 4
2017£217,000 £1,714 2
2016£518,750 £2,432 4
2015£272,500 £1,949 2
2014£297,500 £2,588 4
2013£300,000 £2,381 1
2012£170,000 £1,466 1
2011£291,988 £1,799 4
2010£332,498 £1,973 2
2009£234,000 £2,194 2
2007£298,500 £2,069 2
2006£175,332 £1,471 3
2005£337,4752
2004£237,5002
2003£228,599 £1,700 5
2002£264,867 £1,129 3
2000£105,0001
1999£53,000 £768 1
1998£145,333 £808 3
1997£110,6005
1996£116,857 £600 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£262,500 £2,885 1
2022£355,000 £2,910 1
2021£345,833 £2,797 3
2020£299,375 £3,164 4
2019£248,000 £2,667 1
2018£195,000 £2,709 2
2017£186,000 £2,067 1
2016£164,500 £2,938 2
2014£175,000 £1,667 1
2012£123,250 £1,647 1
2010£260,000 £2,131 1
2007£250,000 £2,049 1
2006£219,000 £2,899 3
2004£140,0001
2002£212,000 £1,738 1
2001£143,833 £1,130 3
2000£102,000 £1,037 3
1999£67,000 £689 2
1998£119,0001
1997£110,0001
1995£61,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£9,0001

House Type in IP24 2NH area

The most common house types in the IP24 2NH postcode area are Detached (84), Semi-detached (23), and Terraced (6).

Total116
Detached84
Semi-detached23
Terraced6
Shared house1
converted building1
temporary structure1
Flat0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright56
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency16
Private rented: Other private rented4
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP24 2NH have 2 people in household (52), and 1 person in household (24).

2 people in household52
1 person in household24
3 people in household23
4 people in household9
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0