Housing Market Analysis for LAVENDER CLOSE, IP28 8TT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £121,636 median price is £119,500 Standard Deviation is £33,878 with Total Sold: 18
    • The Last 5 Year average price is £142,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 LAVENDER CLOSE: £184,000 (Sold on 20 Dec 2019)
    • The first recorded sale happened at this postcode is 9 LAVENDER CLOSE: £100,000 (Sold on 12 Jul 2024)
  • Semi-Detached
    • The average price is around £97,700 median price is £101,100 Standard Deviation is £45,213 with Total Sold: 6
    • The most recent sale happened at this postcode is 7 LAVENDER CLOSE: £172,500 (Sold on 30 Jun 2017)
    • The first recorded sale happened at this postcode is 7 LAVENDER CLOSE: £42,000 (Sold on 28 Jun 1996)
  • Detached
    • The average price is around £52,750 median price is £52,750 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 LAVENDER CLOSE: £52,750 (Sold on 08 May 1998)
    • The first recorded sale happened at this postcode is 11 LAVENDER CLOSE: £52,750 (Sold on 08 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IP28 8TT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£184,000 £2,629 1
2018£187,500 £2,717 1
2015£151,000 £2,157 1
2013£132,000 £1,913 1
2012£129,000 £1,843 1
2009£107,000 £1,529 1
2008£142,500 £1,851 2
2007£139,450 £2,021 1
2005£133,000 £1,900 1
2003£108,375 £1,483 4
2001£78,000 £1,066 2
1997£52,000 £743 1
2024£100,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£172,500 £2,500 1
2005£123,000 £1,526 1
2003£113,000 £1,638 1
2002£89,200 £1,287 1
1996£44,250 £640 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£52,7501

All the Sales in the LAVENDER CLOSE, IP28 8TT

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

AddressSold DatePrice% Change
2 LAVENDER CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1976-198220 Dec 2019£184,00071.96%
15 Oct 2009£107,000First Sale
1 LAVENDER CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1991-199526 Oct 2018£187,50042.05%
28 Mar 2013£132,00016.81%
28 May 2003£113,000First Sale
7 LAVENDER CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1976-198230 Jun 2017£172,500310.71%
28 Jun 1996£42,000First Sale
3 LAVENDER CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-197523 Oct 2015£151,00017.05%
20 Aug 2012£129,00022.86%
04 Apr 2003£105,000101.92%
15 Dec 1997£52,000First Sale
9 LAVENDER CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1983-199010 Feb 2008£142,5000.0
08 Feb 2008£142,50029.55%
12 Dec 2003£110,0000.46%
18 Nov 2003£109,50047.97%
05 Mar 2001£74,000-26.00%
12 Jul 2024£100,000First Sale
8 LAVENDER CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1976-198220 Feb 2007£139,45027.94%
30 Sep 2003£109,000First Sale
6 LAVENDER CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1996-200220 Oct 2005£133,00062.20%
15 Oct 2001£82,000First Sale
10 LAVENDER CLOSESemi-Detached, FreeholdArea: 80.6 Sq.mtrAge: 1991-199528 Jun 2005£123,000First Sale
4 LAVENDER CLOSESemi-Detached, FreeholdArea: 69.32 Sq.mtrAge: 1983-199012 Jul 2002£89,20091.83%
15 Nov 1996£46,500First Sale
11 LAVENDER CLOSEDetached, Freehold08 May 1998£52,750First Sale

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

LAVENDER CLOSE, IP28 8TT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £169,398 median price is £175,000 Standard Deviation is £62,690 with Total Sold: 762
    • The Last 5 Year average price is £234,561 with Total Sold: 150
    • The most recent sale happened at this postcode is , 104 HUNDRED ACRE WAY: £245,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 36 HEATHERSET WAY: £36,000 (Sold on 03 Jan 1995)
  • Detached
    • The average price is around £238,016 median price is £245,000 Standard Deviation is £92,313 with Total Sold: 650
    • The Last 5 Year average price is £334,233 with Total Sold: 126
    • The most recent sale happened at this postcode is , 2 SNOWDROP WAY: £380,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 9 GORSE CLOSE: £57,000 (Sold on 23 Mar 1995)
  • Semi-Detached
    • The average price is around £157,308 median price is £160,000 Standard Deviation is £76,867 with Total Sold: 827
    • The Last 5 Year average price is £249,568 with Total Sold: 166
    • The most recent sale happened at this postcode is , 19 BENNETT ROAD: £325,000 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 47 CARNATION WAY: £38,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £134,356 median price is £135,000 Standard Deviation is £32,843 with Total Sold: 75
    • The Last 5 Year average price is £154,568 with Total Sold: 11
    • The most recent sale happened at this postcode is , 66 WINTERGREEN ROAD: £180,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 HAREBELL ROAD: £70,000 (Sold on 24 Oct 2006)
  • Other
    • The average price is around £674,872 median price is £415,000 Standard Deviation is £697,569 with Total Sold: 14
    • The Last 5 Year average price is £354,745 with Total Sold: 7
    • The most recent sale happened at this postcode is , 2 SCOTS PINE COURT: £5,000 (Sold on 09 Nov 2023)
    • The first recorded sale happened at this postcode is , UNIT 3 BELLFLOWER CRESCENT: £1,800,000 (Sold on 18 Nov 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£242,333 £3,231 12
2023£268,750 £2,920 14
2022£259,031 £3,299 24
2021£235,125 £3,082 34
2020£214,147 £2,828 32
2019£219,115 £2,640 34
2018£204,407 £3,165 27
2017£211,954 £2,710 33
2016£190,056 £2,544 34
2015£184,991 £2,412 65
2014£174,403 £2,175 53
2013£150,730 £1,821 43
2012£152,549 £3,367 28
2011£146,024 £1,857 34
2010£157,913 £1,713 30
2009£173,608 £2,118 32
2008£190,119 £2,398 29
2007£166,142 £1,976 40
2006£143,336 £2,103 35
2005£133,403 £1,933 31
2004£113,433 £1,686 11
2003£102,500 £1,478 9
2002£79,743 £1,174 9
2001£70,818 £989 14
2000£59,900 £958 5
1999£47,358 £764 11
1998£40,809 £650 11
1997£46,524 £663 10
1996£39,814 £625 11
1995£40,064 £589 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£371,05010
2023£342,808 £3,345 13
2022£354,289 £3,281 19
2021£319,609 £2,833 32
2020£322,952 £3,137 22
2019£329,414 £2,896 30
2018£281,473 £2,923 19
2017£291,150 £2,511 29
2016£275,902 £2,450 39
2015£257,089 £2,159 51
2014£246,586 £2,249 38
2013£217,493 £1,990 16
2012£242,766 £1,826 14
2011£216,942 £1,798 13
2010£218,372 £1,861 17
2009£203,307 £2,087 28
2008£257,794 £2,222 28
2007£252,901 £2,146 46
2006£233,288 £2,311 46
2005£204,048 £2,044 27
2004£169,575 £1,419 12
2003£152,500 £1,857 6
2002£131,100 £1,347 10
2001£107,530 £1,129 15
2000£106,885 £893 13
1999£91,419 £850 13
1998£79,133 £699 18
1997£67,900 £612 10
1996£52,321 £540 12
1995£46,250 £575 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£281,750 £2,490 8
2023£258,273 £3,207 22
2022£262,400 £3,315 24
2021£238,409 £3,035 44
2020£233,677 £2,930 28
2019£254,046 £2,905 40
2018£230,315 £2,748 30
2017£209,498 £2,720 29
2016£202,301 £2,410 38
2015£195,574 £2,546 28
2014£175,317 £2,224 52
2013£144,581 £1,867 18
2012£143,497 £2,074 17
2011£161,544 £1,837 28
2010£171,499 £1,910 28
2009£170,736 £1,908 19
2008£183,833 £2,218 20
2007£162,089 £2,154 28
2006£142,954 £2,106 26
2005£153,445 £1,891 43
2004£130,444 £1,812 18
2003£108,093 £1,396 23
2002£90,228 £1,264 18
2001£72,729 £1,025 32
2000£66,496 £988 25
1999£60,836 £781 30
1998£50,068 £675 30
1997£46,102 £653 21
1996£43,035 £567 27
1995£41,041 £606 33
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£187,167 £24,443 3
2022£121,000 £2,069 2
2020£154,500 £2,801 2
2019£135,917 £2,239 3
2018£187,833 £2,949 3
2017£155,286 £2,543 7
2016£149,057 £11,827 10
2015£145,555 £6,779 9
2014£135,810 £2,395 8
2013£110,996 £6,863 8
2012£114,997 £1,759 3
2011£106,248 £19,392 6
2010£97,197 £14,271 5
2009£94,167 £1,610 3
2007£129,995 £2,549 1
2006£70,000 £858 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£5,000 £26 1
2022£396,000 £5,713 2
2021£561,737 £18,131 3
2020£1,0001
2018£111,000 £597 1
2017£689,750 £20,362 4
2016£2,295,0001
2013£1,800,0001

House Type in IP28 8TT area

The most common house types in the IP28 8TT postcode area are Semi-detached (67), Terraced (35), and Detached (8).

Total111
Semi-detached67
Terraced35
Detached8
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (51), and Owned: Owns outright (28).

Owned: Owns with a mortgage or loan51
Owned: Owns outright28
Private rented: Private landlord or letting agency25
Social rented: Other social rented3
Private rented: Other private rented3
Shared ownership: Shared ownership2
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IP28 8TT have 1 person in household (39), and 2 people in household (37).

1 person in household39
2 people in household37
3 people in household19
4 people in household13
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0