Housing Market Analysis for CHAPEL LANE, IP28 6SP

Are you looking to understand IP28 6SP 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 IP28 6SP area, explore the IP28 6SP Area information page.
For comprehensive crime statistics in the IP28 6SP area, explore the IP28 6SP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP28 6SP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £415,000 median price is £455,000 Standard Deviation is £90,277 with Total Sold: 3
    • The most recent sale happened at this postcode is MEADOW VIEW, 1 CHAPEL LANE: £290,000 (Sold on 15 Jul 2011)
    • The first recorded sale happened at this postcode is 4 CHAPEL LANE: £455,000 (Sold on 20 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 6SP 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
2011£395,000 £3,669 2
2006£455,000 £3,339 1

All the Sales in the CHAPEL LANE, IP28 6SP

See the table below for more details on the sold house prices in the IP28 6SP, West Suffolk postcode.

AddressSold DatePrice% Change
MEADOW VIEW, 1 CHAPEL LANEDetached, Freehold15 Jul 2011£290,000First Sale
4 CHAPEL LANEDetached, FreeholdArea: 136.26 Sq.mtrAge: 2003-200627 May 2011£500,0009.89%
20 Oct 2006£455,000First Sale

Check out the sold house prices near the IP28 6SP postcode. Properties currently for saleProperties currently for rent

CHAPEL LANE, IP28 6SP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP28 6SP 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 IP28 6SP postcode.

  • Semi-Detached
    • The average price is around £182,296 median price is £162,500 Standard Deviation is £86,534 with Total Sold: 59
    • The Last 5 Year average price is £281,071 with Total Sold: 7
    • The most recent sale happened at this postcode is , 14 THE GREEN: £297,500 (Sold on 18 Mar 2024)
    • The first recorded sale happened at this postcode is , 36 HIGH STREET: £58,000 (Sold on 16 Aug 1995)
  • Terraced
    • The average price is around £157,312 median price is £146,500 Standard Deviation is £66,704 with Total Sold: 23
    • The Last 5 Year average price is £208,700 with Total Sold: 5
    • The most recent sale happened at this postcode is , 4 REEVE CLOSE: £215,000 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is , 4 CAVENHAM ROAD: £48,000 (Sold on 24 Apr 1998)
  • Detached
    • The average price is around £306,947 median price is £280,000 Standard Deviation is £204,572 with Total Sold: 73
    • The Last 5 Year average price is £592,900 with Total Sold: 10
    • The most recent sale happened at this postcode is , 5A HIGH STREET: £375,000 (Sold on 17 Aug 2022)
    • The first recorded sale happened at this postcode is , 18 CAVENHAM ROAD: £70,000 (Sold on 23 Jun 1995)
  • Other
    • The average price is around £786,389 median price is £710,278 Standard Deviation is £527,127 with Total Sold: 4
    • The Last 5 Year average price is £725,555 with Total Sold: 1
    • The most recent sale happened at this postcode is , TUDDENHAM VC SCHOOL HIGH STREET: £725,555 (Sold on 30 Apr 2021)
    • The first recorded sale happened at this postcode is , THE OLD RED HOUSE ICKLINGHAM ROAD: £695,000 (Sold on 30 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,750 £3,375 2
2023£180,000 £2,222 1
2022£297,500 £3,197 2
2021£312,500 £2,422 2
2019£212,000 £2,549 3
2018£356,0001
2017£274,250 £2,467 4
2016£276,000 £2,556 1
2015£247,500 £1,847 3
2014£250,375 £1,902 4
2012£151,000 £1,880 5
2011£185,000 £1,713 1
2010£130,000 £1,340 1
2009£162,500 £1,505 1
2008£174,667 £2,151 3
2007£138,323 £2,015 3
2006£185,000 £1,779 1
2005£132,250 £1,555 2
2004£152,500 £1,658 1
2003£155,250 £1,370 2
2002£125,200 £1,436 5
2001£102,7252
1999£157,7502
1998£52,0001
1997£76,475 £770 2
1995£60,776 £791 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£215,000 £4,479 1
2022£312,500 £3,064 1
2021£150,000 £3,125 1
2020£183,000 £2,834 2
2017£230,000 £2,738 1
2016£223,2502
2015£172,500 £2,392 2
2014£150,750 £2,256 2
2011£147,500 £2,273 1
2007£155,000 £2,541 1
2006£147,475 £2,283 2
2005£121,000 £2,334 1
2004£100,240 £1,662 3
2001£88,500 £1,707 1
2000£96,0001
1998£48,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£550,000 £2,932 2
2021£695,750 £2,619 4
2020£511,500 £3,383 4
2019£350,000 £2,959 2
2018£571,000 £2,114 2
2017£280,000 £3,159 1
2016£355,000 £2,555 2
2014£396,667 £2,697 3
2013£316,667 £1,101 3
2012£406,167 £2,895 3
2011£317,083 £2,935 6
2010£302,500 £2,899 2
2008£213,500 £2,105 2
2007£252,2502
2006£393,250 £3,339 4
2005£401,250 £1,375 4
2004£261,112 £1,538 2
2003£112,5001
2002£179,988 £1,407 4
2001£140,983 £1,066 3
2000£198,500 £721 2
1999£82,000 £564 2
1998£102,5003
1997£112,499 £773 4
1996£87,0002
1995£100,125 £835 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£725,5551
2018£1,600,0001
2016£410,000 £3,062 2

House Type in IP28 6SP area

The most common house types in the IP28 6SP postcode area are Detached (98), Semi-detached (68), and Terraced (14).

Total180
Detached98
Semi-detached68
Terraced14
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (72), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright72
Owned: Owns with a mortgage or loan60
Private rented: Private landlord or letting agency27
Social rented: Other social rented9
Private rented: Other private rented7
Social rented: Rents from council or Local Authority4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP28 6SP have 2 people in household (77), and 1 person in household (47).

2 people in household77
1 person in household47
4 people in household23
3 people in household21
5 people in household8
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0