Housing Market Analysis for THE GROVE, IP28 8DP

Are you looking to understand IP28 8DP 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 8DP area, explore the IP28 8DP Area information page.
For comprehensive crime statistics in the IP28 8DP area, explore the IP28 8DP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IP28 8DP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £257,416 median price is £299,997 Standard Deviation is £123,818 with Total Sold: 12
    • The Last 5 Year average price is £359,249 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 THE GROVE: £425,000 (Sold on 26 Oct 2022)
    • The first recorded sale happened at this postcode is 1 THE GROVE: £57,000 (Sold on 04 Apr 1995)
  • Other
    • The average price is around £342,000 median price is £342,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 THE GROVE: £342,000 (Sold on 29 Nov 2018)
    • The first recorded sale happened at this postcode is 17 THE GROVE: £342,000 (Sold on 29 Nov 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8DP 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
2022£397,500 £2,934 2
2019£320,998 £2,521 2
2018£300,000 £2,510 2
2017£400,000 £2,597 1
2005£220,0001
2001£192,0001
1999£160,0001
1997£23,000 £207 1
1995£57,000 £370 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£342,0001

All the Sales in the THE GROVE, IP28 8DP

See the table below for more details on the sold house prices in the IP28 8DP, West Suffolk postcode.

AddressSold DatePrice% Change
1 THE GROVEDetached, FreeholdArea: 154 Sq.mtrAge: 26 Oct 2022£425,0006.25%
28 Apr 2017£400,000601.75%
04 Apr 1995£57,000First Sale
5A THE GROVEDetached, FreeholdArea: 119 Sq.mtrAge: 05 Jun 2022£370,000First Sale
17 THE GROVEDetached, FreeholdAge: 04 Apr 2019£342,0000.0
29 Nov 2018£342,00055.45%
04 May 2005£220,00014.58%
02 Aug 2001£192,00020.00%
23 Jul 1999£160,000First Sale
5 THE GROVEDetached, FreeholdArea: 119 Sq.mtrAge: 08 Mar 2019£299,995First Sale
7 THE GROVEDetached, FreeholdArea: 119 Sq.mtrAge: 19 Dec 2018£299,999First Sale
3 THE GROVEDetached, FreeholdArea: 120 Sq.mtrAge: 16 Nov 2018£300,000First Sale
21 THE GROVEDetached, FreeholdArea: 111 Sq.mtrAge: 14 Nov 1997£23,000First Sale

Check out the sold house prices near the IP28 8DP postcode. Properties currently for saleProperties currently for rent

THE GROVE, IP28 8DP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IP28 8DP 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 8DP postcode.

  • Detached
    • The average price is around £170,789 median price is £148,975 Standard Deviation is £99,931 with Total Sold: 212
    • The Last 5 Year average price is £328,657 with Total Sold: 35
    • The most recent sale happened at this postcode is , 65 FALCON WAY: £290,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 1 THE GROVE: £57,000 (Sold on 04 Apr 1995)
  • Terraced
    • The average price is around £100,431 median price is £102,500 Standard Deviation is £47,172 with Total Sold: 58
    • The Last 5 Year average price is £187,499 with Total Sold: 6
    • The most recent sale happened at this postcode is , 14 FALCON WAY: £190,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is , 27 FALCON WAY: £48,000 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £97,313 median price is £96,475 Standard Deviation is £47,389 with Total Sold: 42
    • The Last 5 Year average price is £183,620 with Total Sold: 5
    • The most recent sale happened at this postcode is , 19 FALCON WAY: £195,000 (Sold on 22 Dec 2022)
    • The first recorded sale happened at this postcode is , 3 FALCON WAY: £41,000 (Sold on 11 Aug 1995)
  • Other
    • The average price is around £248,333 median price is £342,000 Standard Deviation is £160,088 with Total Sold: 3
    • The most recent sale happened at this postcode is , 17 THE GROVE: £342,000 (Sold on 29 Nov 2018)
    • The first recorded sale happened at this postcode is , 4 ORCHID MEADOWS: £380,000 (Sold on 26 Mar 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,0001
2023£310,000 £2,547 1
2022£376,667 £2,743 3
2021£288,875 £2,375 12
2020£395,750 £2,559 8
2019£314,050 £2,121 10
2018£249,333 £2,539 3
2017£298,667 £2,328 3
2016£252,500 £2,072 2
2015£218,167 £1,815 3
2014£235,900 £1,724 5
2013£190,500 £1,587 2
2012£211,667 £1,699 3
2011£187,500 £1,377 2
2010£180,500 £1,521 2
2009£178,0001
2007£223,299 £1,882 5
2006£233,500 £1,813 6
2005£188,249 £1,404 4
2004£211,950 £1,724 10
2003£185,895 £1,579 10
2002£175,500 £1,402 6
2001£138,363 £1,085 15
2000£123,417 £1,050 12
1999£109,222 £861 9
1998£89,021 £768 17
1997£67,500 £659 6
1996£81,527 £702 9
1995£78,520 £647 42
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£190,000 £2,879 1
2022£205,000 £3,958 1
2021£175,000 £3,365 1
2020£184,998 £2,501 3
2018£164,000 £2,978 2
2017£157,500 £2,102 2
2015£131,167 £2,108 3
2014£128,000 £2,169 1
2013£105,000 £1,591 1
2012£97,000 £1,873 1
2011£110,000 £1,979 2
2010£115,000 £1,794 1
2009£109,995 £2,000 1
2008£123,750 £2,335 1
2007£133,000 £1,928 2
2006£115,800 £1,995 5
2005£119,500 £1,532 2
2004£112,000 £1,854 2
2002£82,250 £1,319 4
2001£63,470 £1,017 7
1999£48,375 £868 4
1998£43,988 £732 4
1997£51,250 £678 2
1996£41,833 £741 3
1995£43,000 £772 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£199,367 £3,629 3
2021£160,000 £2,807 2
2018£161,500 £2,491 2
2016£131,000 £2,426 1
2015£125,000 £1,812 1
2014£106,000 £1,963 1
2012£92,000 £1,704 1
2010£120,000 £1,728 1
2008£125,000 £2,193 1
2007£120,000 £2,105 1
2006£123,500 £2,126 1
2005£109,167 £1,664 3
2004£126,000 £2,062 2
2003£99,817 £1,829 3
2002£68,0001
2001£68,488 £1,181 4
2000£63,000 £1,105 1
1999£53,500 £1,033 1
1998£63,500 £794 1
1997£43,250 £797 2
1996£47,475 £694 2
1995£45,885 £789 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£248,333 £1,532 3

House Type in IP28 8DP area

The most common house types in the IP28 8DP postcode area are Detached (39), Flat (22), and Semi-detached (7).

Total85
Detached39
Flat22
Semi-detached7
Shared house5
temporary structure5
Terraced3
commercial building3
converted building1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (32), and Owned: Owns outright (28).

Private rented: Private landlord or letting agency32
Owned: Owns outright28
Owned: Owns with a mortgage or loan12
Social rented: Other social rented7
Private rented: Other private rented6
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IP28 8DP have 1 person in household (36), and 2 people in household (23).

1 person in household36
2 people in household23
3 people in household15
4 people in household9
5 people in household3
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0