Housing Market Analysis for THE PINES, IP28 8LU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £297,464 median price is £287,250 Standard Deviation is £24,180 with Total Sold: 7
    • The Last 5 Year average price is £296,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 4 THE PINES: £325,000 (Sold on 25 Aug 2021)
    • The first recorded sale happened at this postcode is 3 THE PINES: £287,250 (Sold on 17 Aug 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8LU 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£302,500 £2,330 2
2020£260,000 £2,737 1
2019£307,500 £2,520 2
2018£301,125 £3,979 2

All the Sales in the THE PINES, IP28 8LU

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

AddressSold DatePrice% Change
4 THE PINESDetached, FreeholdArea: 123 Sq.mtrAge: 1967-197525 Aug 2021£325,00014.04%
14 Jun 2019£285,000First Sale
2 THE PINESDetached, FreeholdArea: 138.75 Sq.mtrAge: 1967-197505 Feb 2021£280,000First Sale
2A THE PINESDetached, FreeholdArea: 95 Sq.mtrAge: 1967-197527 Mar 2020£260,000First Sale
5 THE PINESDetached, FreeholdArea: 121.182 Sq.mtrAge: 1950-196631 Jul 2019£330,0004.76%
31 Aug 2018£315,000First Sale
3 THE PINESDetached, FreeholdArea: 53.602 Sq.mtrAge: 1967-197517 Aug 2018£287,250First Sale

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

THE PINES, IP28 8LU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £171,421 median price is £173,750 Standard Deviation is £45,902 with Total Sold: 58
    • The Last 5 Year average price is £181,854 with Total Sold: 14
    • The most recent sale happened at this postcode is , 39 HICFIELD ROAD: £110,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 48 THE STREET: £65,000 (Sold on 27 Oct 1995)
  • Detached
    • The average price is around £235,559 median price is £231,225 Standard Deviation is £108,600 with Total Sold: 174
    • The Last 5 Year average price is £332,650 with Total Sold: 40
    • The most recent sale happened at this postcode is , 24 HEATHLANDS: £290,000 (Sold on 21 Mar 2024)
    • The first recorded sale happened at this postcode is , ACORN HOUSE PARKSIDE: £110,000 (Sold on 07 Mar 1995)
  • Terraced
    • The average price is around £170,784 median price is £169,975 Standard Deviation is £41,978 with Total Sold: 28
    • The Last 5 Year average price is £214,643 with Total Sold: 7
    • The most recent sale happened at this postcode is , 8 HEATHLANDS: £185,000 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is , 25 ASPAL LANE: £209,995 (Sold on 01 Feb 2007)
  • Flat
    • The average price is around £170,938 median price is £171,375 Standard Deviation is £9,084 with Total Sold: 4
    • The Last 5 Year average price is £170,938 with Total Sold: 4
    • The most recent sale happened at this postcode is , 10 DRUIDS CLOSE: £180,000 (Sold on 03 Aug 2022)
    • The first recorded sale happened at this postcode is , 5 DRUIDS CLOSE: £162,750 (Sold on 04 Jan 2022)
  • Other
    • The average price is around £2,872,230 median price is £342,500 Standard Deviation is £3,958,379 with Total Sold: 10
    • The Last 5 Year average price is £140,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 16B THE STREET: £35,000 (Sold on 13 May 2022)
    • The first recorded sale happened at this postcode is , 2 MADISON MEWS: £425,000 (Sold on 07 Oct 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£110,0001
2023£255,000 £2,361 1
2022£226,525 £2,392 3
2021£200,000 £2,740 1
2020£148,542 £1,702 3
2019£171,150 £1,908 5
2018£184,000 £2,228 1
2017£155,000 £2,460 1
2016£179,983 £2,383 3
2015£182,483 £2,118 3
2014£171,167 £1,751 3
2012£225,000 £1,607 1
2010£172,500 £1,823 2
2008£175,624 £1,960 4
2007£179,955 £2,047 8
2006£169,489 £1,717 6
2004£184,5001
2003£173,333 £1,633 3
2002£148,417 £1,276 6
1997£67,5001
1995£65,000 £500 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,000 £2,385 3
2023£386,917 £3,186 6
2022£376,000 £3,108 5
2021£317,464 £2,745 14
2020£283,125 £2,711 4
2019£335,938 £2,600 8
2018£339,417 £2,615 9
2017£242,500 £2,343 7
2016£299,071 £2,290 7
2015£282,667 £1,847 6
2014£212,429 £1,719 7
2013£350,000 £1,724 1
2012£303,750 £2,874 4
2011£239,390 £1,847 5
2010£256,000 £1,610 2
2009£204,988 £2,433 4
2008£196,054 £1,697 9
2007£216,936 £1,742 15
2006£257,500 £1,995 4
2005£237,000 £1,768 5
2004£239,500 £1,529 5
2003£199,658 £1,569 6
2002£202,667 £1,187 3
2001£153,900 £979 5
2000£109,375 £990 4
1999£43,000 £504 1
1998£97,595 £705 10
1997£87,100 £765 5
1996£67,200 £577 5
1995£64,850 £921 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£188,750 £2,420 2
2022£273,500 £2,759 2
2021£196,500 £2,455 2
2020£185,000 £1,869 1
2016£164,359 £1,970 11
2014£172,500 £4,589 1
2011£114,500 £1,901 2
2010£165,000 £4,389 1
2009£125,000 £1,476 3
2008£160,000 £1,913 2
2007£209,995 £1,652 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£170,938 £2,697 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£35,0001
2021£125,000 £654 1
2020£260,0001
2018£2,092,433 £24,237 3
2017£7,200,000 £108,516 3
2016£425,000 £1,864 1

House Type in IP28 8LU area

The most common house types in the IP28 8LU postcode area are Detached (151), Semi-detached (20), and Terraced (3).

Total178
Detached151
Semi-detached20
Terraced3
temporary structure3
converted building1
Flat0
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Other private rented (64), and Owned: Owns outright (62).

Private rented: Other private rented64
Owned: Owns outright62
Private rented: Private landlord or letting agency27
Owned: Owns with a mortgage or loan23
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 IP28 8LU have 1 person in household (78), and 2 people in household (61).

1 person in household78
2 people in household61
3 people in household18
4 people in household13
5 people in household6
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0